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Multiple sea freight carriers have introduced surcharges due to the requirement for vessels to re-route via the Cape of Good Hope.
February 6, 2024
By: DAVID SAVASTANO
Editor, Ink World Magazine
Flint Group comments on the escalating impact caused by shipping delays across trade routes in the Middle East. “Consistent with many businesses, our global supply chain, transit times and costs have been impacted by developments in the Red Sea,” said Doug Aldred, chief commercial officer at Flint Group. “The redirection of sea freight around the Cape of Good Hope, bypassing the Red Sea-Suez Canal route, is anticipated to lead to extended transit times, ranging from two to six weeks....
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