article thumbnail

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

Enterra Insights

Customers of maritime shipping firms not only want to protect their goods they also want to avoid higher insurance and additional shipping surcharges for cargo transiting the Red Sea. She writes, “Accurate forecasting of unforeseen events is crucial in light of past crises.

article thumbnail

How the Suez Canal blockage proves technology has the power to transform the shipping industry

Gravity Supply Chain

These new routes can add around 3,500 nautical miles and between five and 12 extra days to their journey, along with security issues for vessels passing through the Port of Aden or The Gulf of Guinea, both well-known for their risk of piracy. ” Gravity’s shipment tracking technology helps mitigate risks.

article thumbnail

Viral Reaction: Zika and the Supply Chain

Elementum

But what if these risks cannot be forecasted? Countries like Guinea, Liberia and Sierra Leone, with major commodities like aluminum and iron ores, and rubber products, were isolated from the rest of the world as all commodity access points (sea, air and ground) have to undergo stringent measures that has lead to costly delays.