After COVID, global financial crisis, lack of water in the Panama Canal, it is the on-going Red Sea crisis challenging the supply chain this year, particularly the maritime sector, Simon Aynsley, Chief Sales Officer, said, speaking to Cargo Breaking News. “Gulftainer is monitoring the situation and assisting several customers store cargo destined for the Red Sea, North Africa, Mediterranean and North Europe in our multi-purpose terminal, located in Khorfakkan,” he added. In the second week of February, 20-foot equivalent units (TEUs) volumes were up by 38 per cent compared with the comparable week in 2023 (105,076 TEUs this year versus 75,801 TEUs last year), Container xChange states, citing Port of Los Angeles PortOptimizer figures.
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