In response to escalating tensions in the Red Sea, FIATA issues a global call to action for heightened dialogue and monitoring. As attacks disrupt shipping, 18 major lines alter routes, causing a 12-day delay via the Cape of Good Hope. FIATA urges transparent communication on unprecedented surcharges, raising concerns about their impact on global economies.
In a recent communication and position paper, FIATA implores governments and supply chain stakeholders to strengthen international collaboration for a resilient maritime supply chain. Prof. Sys warns of surcharge-cost disparities, emphasising the need for careful management. Discussions with Ms. Teodoro highlight rerouting capacity but stress the challenge of competitive and flexible management.
FIATA urges coordinated efforts to protect consumers, global supply chains, and developing economies during significant inflationary pressure. Expressing solidarity with the IMO, FIATA supports the UN Security Council’s Resolution 2722, emphasising the importance of respecting navigational rights. The call underscores the intricate web of stakeholders impacted by supply chain disruptions, urging a unified approach for secure maritime transit through the Red Sea. (Source: FIATA)
