Red Sea – The Logistics Point

Red Sea crisis leads to inventory problems & raw material shortages

January 24, 2024Nikolay BozhilovLeave a Comment

Towards the end of 2023, following the commencement of the Israel-Hamas war, the Yemen-based Houthi group launched several attacks on commercial ships at the southern end of the Red Sea. These attacks have escalated since November 2023 and continued into the new year, representing a major concern for global trade as 10-15 per cent of […]

Tips for the Red Sea Crisis

January 17, 2024January 19, 2024Nikolay BozhilovLeave a Comment

By Mike DeAngelis, Head of International Solutions, FourKites The recent attacks in the Red Sea have created waves across the global shipping industry, with implications for international trade, the economy and consumers worldwide. Here’s an overview of the situation and potential impacts on global shipping in the first half of 2024. What You Can Do […]