Red Sea unrest impacts NZ shipping

This development adds another layer of complexity to global supply chains, impacting New Zealand imports and exports alike.

Over the weekend, escalating tensions in the region, marked by airstrikes and attacks on merchant vessels, prompted shipping giants like MCS, Maersk, CMA, and Hapag-Lloyd to prioritise crew and vessel safety by suspending Red Sea operations. This decision affects crucial Asia-to-Europe routes and disrupts wider supply chain management.

Gateway Cargo understands the concerns of Kiwi businesses heavily reliant on efficient and secure shipping routes. Therefore, we are actively working to adapt to the new landscape and minimise disruptions to your operations.

Here's what you can expect:

• Route Rerouting: Carriers are opting for alternative routes, primarily around the Cape of Good Hope, adding an estimated 10 days to Asia-Northern Europe journeys. This will have a knock-on effect on the overall speed of cargo reaching New Zealand.
• Increased Costs: To address the heightened risks and uncertainties, shipping lines are implementing war risk premiums, leading to higher operational costs. This may translate into adjusted freight rates for New Zealand businesses in the coming weeks.
• Delays and Disruptions: Gateway Cargo anticipates potential delays in cargo movement while alternative routes and revised schedules are implemented. We will remain vigilant and proactive in communicating any updates or changes that may affect your shipments.

Despite these challenges, Gateway Cargo remains committed to providing our clients with reliable and efficient shipping solutions. We are actively exploring alternative options and collaborating with our global network of partners to navigate this evolving situation. Our team is readily available to answer your questions and address any concerns you may have about your shipments.

We suggest following leading world news websites like Skynews or BBC News for the most current information or contact us for updates and to talk about tailored solutions for your shipments. We are confident that, together, we can overcome these obstacles and ensure the smooth flow of your goods.