Day la bai viet test khong co gia tri tham khao
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The disruption is not limited to ocean freight.
On the same day, coordinated military strikes between the United States, Israel, and Iran led to the immediate closures of sovereign airspace across Qatar, the UAE, Saudi Arabia, and Kuwait and immediate suspension of operations to and via the Middle East for most airlines.
The closures of Middle East hubs (Doha, Dubai, Riyad, Bahrain) reduces global capacity and specifically impacts Asia - Europe, Asia - Middle East and Europe - Asia Air Trade.
Several carriers have suspended regional operations to, from and via the Middle East and invoked force majeure. Middle East carriers which represent 13.6% of global capacity (source: IATA) in particular are unable to operate the majority of their flights. Their operations will be disrupted beyond the trade between Asia - Middle East - Europe.
With airspace inaccessible and safety risks elevated, most shipments originating in, destined for, or transiting through the Middle East are being grounded or diverted. Service levels and transit guarantees are currently suspended by the airlines.
The Middle East carriers stoppage, combined with the longer and more fuel-intensive rerouting required by European and Asian airlines, is reducing effective global capacity and increasing costs to operate. We expect immediate volatility, including a sharp increase in airfreight spot rates, suspension of longer term rate agreements under force majeure and growing backlogs on key Far East corridors.
Even lanes not directly tied to the Middle East will feel secondary pressure as aircraft and crews are redeployed across longer routes.
| Khai thác trong nước | Nhập khẩu | Sau xử lý tịch thu |
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The disruption is not limited to ocean freight.
On the same day, coordinated military strikes between the United States, Israel, and Iran led to the immediate closures of sovereign airspace across Qatar, the UAE, Saudi Arabia, and Kuwait and immediate suspension of operations to and via the Middle East for most airlines.
The closures of Middle East hubs (Doha, Dubai, Riyad, Bahrain) reduces global capacity and specifically impacts Asia - Europe, Asia - Middle East and Europe - Asia Air Trade.
Several carriers have suspended regional operations to, from and via the Middle East and invoked force majeure. Middle East carriers which represent 13.6% of global capacity (source: IATA) in particular are unable to operate the majority of their flights. Their operations will be disrupted beyond the trade between Asia - Middle East - Europe.
With airspace inaccessible and safety risks elevated, most shipments originating in, destined for, or transiting through the Middle East are being grounded or diverted. Service levels and transit guarantees are currently suspended by the airlines.
The Middle East carriers stoppage, combined with the longer and more fuel-intensive rerouting required by European and Asian airlines, is reducing effective global capacity and increasing costs to operate. We expect immediate volatility, including a sharp increase in airfreight spot rates, suspension of longer term rate agreements under force majeure and growing backlogs on key Far East corridors.
Even lanes not directly tied to the Middle East will feel secondary pressure as aircraft and crews are redeployed across longer routes.