Shipping industry braces for impact as Middle East tensions rise

AS GEOPOLITICAL tensions continue to escalate between Israel and Iran, the shipping industry is watching closely, with major players voicing their concerns over potential disruptions.

- YOGASHEN PILLAY

Shipping giant Maersk on Tueday said that its immediate priority was ensuring the safety and well-being of its staff in impacted locations.

“Currently, all our colleagues are safe, and we have activated our business continuity procedures to minimise the impact on our business and customers. We are closely monitoring the situation and assessing the potential impact on our operations,” said Adhish Alawani, Maersk spokesperson.

“Currently, we are not experiencing any disruptions. We aim to keep our customers informed and help them with alternative solutions if needed.”

Disruption in the Middle East could have far-reaching economic consequences.