As the shipping world enters peak season shipping, freight forwarders and shippers are concerned about the geopolitical risks that will knock as tensions between China and Taiwan increase

Nearly half the world’s container ships passed through the narrow Taiwan Strait — which separates the island from the Chinese mainland — in the first seven months of this year, according to data compiled by Bloomberg.

“The global supply chain is interconnected and all the major stretches like Taiwan Strait are nerve centres of these value chains. And if any one stretch is blocked, the undercurrents are felt across the system. Especially at a time when the industry is busy shipping cargo for the peak season, the impact will be reverberated across. What will decide the degree of impact is the tenure of this disruption.”

link to full article:   https://forwardermagazine.com/global-supply-chains-have-built-resilience-over-the-past-2-years-further-disruptions-to-cause-a-limited-impact-on-containerised-trade-container-xchange-analysis/

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