Companies across the globe have been impacted by a myriad of major supply chain disruptions. This is especially true for companies navigating the lingering Suez Canal and Panama Canal issues.
Shippers that have historically utilized the Suez Canal have had to extend their routes, bypassing the canal and sailing around the Cape of Good Hope in order to avoid getting caught in attacks due to unrest in the Middle East. This shift has added significant time to the average voyage.
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