Deccan Chronicle

Middle East Conflict: Exporters Fear Rise In Logistics, Insurance Costs, Impact On Shipments

Air routes are being altered, and maritime trade through the Red Sea and key Gulf straits faces heightened uncertainty. If diversions become prolonged, shipments may increasingly have to reroute via the Cape of Good Hope, adding an estimated 1520 days to transit time for Europe and the United States: Federation of Indian Export Organisations (FIEO) President SC Ralhan