Latest Update on the Red Sea Crisis
Jan 22. 2024
The situation is escalating as both the USA and UK governments are taking direct action against the rebels who are targeting shipping vessels. This has prompted significant alterations in global shipping routes, directly affecting the logistics and international removals industry.
Whilst we are working directly with our international customers to navigate these challenges, we can advise that most shipping companies are now avoiding the Suez / Red sea lanes and this will have major impact on trade and transit times.
The majority of lines are now shipping via the Cape of Good Hope in South Africa which will add approximately 10 – 15 days on average, but this may exceed due to vessel routings and final destinations.
This will have an effect on the cost of shipments and future booking, as this may very well lead to export container availability, due to late running vessels. Shipping lines may also decide to miss certain ports to manage transit time or off load containers on route which then can lead to extended delays in transit.
Shipping lines have started to increase the cost of shipping using the alternative route and have issued an emergency surcharge on containers.
