In light of recent geopolitical developments, Savino Del Bene remains committed to monitoring and keeping you informed about the latest impacts on the industry.
The recent escalation of conflict in the Middle East is affecting security across the region and disrupting ocean, air and land freight. Many carriers are pausing, cancelling or rerouting services, as they adopt contingency measures.
Currently, major shipping lines have suspended bookings to the Arabian Gulf while implementing emergency surcharges to other ports in the Arabian Peninsula.
Due to closing of Hormuz strait, it is anticipated that major container vessels carrying Gulf-bound cargo will discharge shipments at alternative regional hubs. Port congestion is expected and ripple effects could impact other major deep-sea trade lanes.
Major air carriers have canceled or rerouted flights due to several countries closed/limited airspace.
Our teams in the region are currently safe and fully operational, working to assess and minimize effects on shipments. Savino Del Bene will do its utmost to support customers, while keeping the safety and security of employees in the region as our principal priority.
We will continue to provide timely updates as the situation evolves.
For more country specific insights and updates, reach out directly to your closest Savino Del Bene representative.
