Industry forecasts: Prepare for a 90-day disruption of the Red Sea route
Release time:
2023-12-27
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According to One Shipping learned: Since November 19, Yemen's Houthis have launched sustained attacks on vessels transiting Israel in the Red Sea region, severely disrupting vital trade shipments.
Exporters are scrambling to find alternative routes to ensure timely delivery of goods to retailers.
A report warned that the consumer goods sector supplied by the world's top retailers would face the biggest impact if the disruption was prolonged. U.S.logistics companies advised shipping and logistics customers need to be prepared for at least 90 days of disruption, and noted that it is the Christmas holiday season and everything will be calm until January 2, but then it will be crazy.
Exporters are scrambling to find alternative routes to ensure timely delivery of goods to retailers.
A report warned that the consumer goods sector supplied by the world's top retailers would face the biggest impact if the disruption was prolonged. U.S.logistics companies advised shipping and logistics customers need to be prepared for at least 90 days of disruption, and noted that it is the Christmas holiday season and everything will be calm until January 2, but then it will be crazy.