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Taiwan Tensions Raise Risks in One of Busiest Shipping Lanes

Supply Chain Brain

and China over Taiwan has thrown a spotlight on growing risks to one of the world’s busiest shipping lanes — even a minor disruption could ripple through supply chains. The standoff between the U.S.

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Taiwan Turmoil Prompts Detours and Delays for Global Shipping

Supply Chain Brain

China’s announcement of military drills around Taiwan as U.S. House Speaker Nancy Pelosi visits the island is already having ripple effects across global supply chains, prompting detours and causing delays of energy shipments.

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What would happen if China invaded Taiwan?

Resilinc

One day in August 2022, a group of military and defense strategy experts gathered in Washington, DC, to play a game that simulated a Chinese amphibious invasion of Taiwan in 2026. and its allies would win while losing “dozens of ships, hundreds of aircraft, and tens of thousands of servicemembers.”

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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

That means maritime shipping lies at the very heart of the global logistical system. At the time, Ron Widdows , former chairman of the World Shipping Council, reported that piracy was costing “the global shipping industry anywhere from $3.5 Nearly 90 per cent of global trade is carried by sea-going vessels.

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Keep These 6 Geopolitical Supply Chain Risks on Your Radar in 2024

Resilinc

As a supply chain manager, it is impossible (and unwise) to ignore the state of global politics, as it directly impacts nearly every level of the supply chain, from increased shipping rates to access to critical materials and minerals. What would happen if China invaded Taiwan ? Energy Information Administration ).

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The Impact of the Red Sea Ship Attacks on Global Supply Chains and Logistics

Resilinc

Understand how the recent Red Sea ship attacks are impacting global supply chains and how to mitigate potential risks. Ships are avoiding Egypt’s Suez Canal, the shortest maritime route from Europe to Asia and one of the world’s most important waterways, which accounts for about 12% of the world’s shipping traffic.

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The Dangers of Single Sourcing in Your Supply Chain

Resilinc

Imagine a critical part of your product is only made in one factory in Taiwan. This is very possible, considering 60% of the world’s semiconductors are made in Taiwan—and 90% of the world’s highly advanced chips are made by the Taiwanese company TSMC. If something were to happen in Taiwan—like the recent 7.4