ALERTS & ​ADVISORIES

UPDATED Customer Advisory: Red Sea Attacks and Suez Canal Bypass

By
March 29, 2024
Blue shipping containers.
Blue shipping containers.

Current Situation  

The ongoing Red Sea container shipping crisis, now in its fifteenth week, has not changed much since the last update, and a clear normalcy timeline remains uncertain; as we have witnessed, attacks have continued throughout this past week. Shippers and industry stakeholders should brace for continued disruptions and higher costs and adapt strategies accordingly. The coming weeks will be crucial for interpreting the outcome of the IMO meeting and its potential impact on the situation. 

Industry Insights, Facts & Market Developments

Below are some additional key facts and market developments surrounding the situation, including a timeline of major events.  

  • Drewry's WCI Spot Index shows a continuing decline in rates week over week. However, Asia to Europe rates have not decreased as fast as in previous weeks. 
  • US CENTCOM continues to report successful engagement and destruction of a variety of drones, missiles, and drone boats, as well as drones on land before they are ever utilized. In the last few days, four more drones have been shot down. 
  • Houthis claimed attacks on multiple vessels during the last week; however, vessel operators have refuted these claims from the Houthis and said no container vessels have been attacked directly.  
  • Sea-Intelligence is showing a small improvement in schedule reliability and delays, however performance is still poor. The new normal of transiting around the Cape of Good Hope is becoming more stable, and further improvements are expected in the coming months. 
  • As per the IMO’s Maritime security update on the Red Sea crisis and international response efforts dated March 29th, the IMO continues down the path of diplomacy to help stabilize the situation. The IMO reports they are actively involved in a long-term capacity building project in the Red Sea and that the EU is funding a 4-year project aimed at enhancing port security and fostering regional dialogue to address the underlying security concerns.  

Our Commitment

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.  

For any more detailed and / or shipment specific information, or alternative solutions, please contact your local JAS office. 

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Join us for LogiPharma 2024 in Lyon, France.

JAS Worldwide, a global leader in freight forwarding and logistics, is thrilled to announce its participation in LogiPharma 2024, the premier supply chain event for the life sciences industry, in Lyon, France, from April 16th to 18th, 2024.

As a key player in the logistics ecosystem, the JAS team is excited to engage with industry leaders, share insights, and explore collaborative opportunities to help drive the future of pharma & healthcare supply chain management. Attendees are invited to visit booth #53 to connect with JAS representatives and discover how its innovative solutions can optimize their supply chains and drive efficiency.

 JAS Worldwide is also delighted to host a special event that embodies its commitment to community and wellness. On April 17th, 2024, from 7:00 to 8:00, JAS will host a 5K run through the beautiful city of Lyon, JAS will host a 5K run through the beautiful city of Lyon– giving participants the opportunity to experience the city's charm while networking with industry professionals.

 In a second initiative to give back to the community, JAS Worldwide and the Bruni Foundation are partnering with Hoops Relief, a charitable organization “dedicated to improving the lives of young people in Haiti and Senegal” through the power of sports. JAS encourages attendees to bring basketball shoes to its collection box at the start and finish of the 5K run that will be donated to Hoops Relief. JAS will handle the collection, labeling, and shipping of the donated shoes, contributing to the mission of Hoops Relief and making a meaningful impact in communities in need.

"We are excited to be sponsoring and attending LogiPharma 2024 and the opportunity to share more about JAS SmartHub. For the first time this year, we are also doing virtual reality experiences of our Pharma & Healthcare warehouses around the world," said Laetitia Chery, Vice President of Pharma & Healthcare Sales EMEA . "We’re just as excited for our 5K and partnership with Hoops Relief. LogiPharma brings brilliant mind and ideas together, making it an ideal place to make a positive impact even beyond life sciences and logistics.”

Don't miss the opportunity to engage with JAS Worldwide at LogiPharma 2024 and join the 5K run for a memorable experience combining networking, wellness, and philanthropy.

JAS welcomes Christian Heinze as Global Head of the Technology Vertical.

JAS Worldwide is excited to welcome Christian Heinze as Global Head of the Technology Vertical, effective April 2, 2024. With this strategic addition to the leadership team, JAS reaffirms its push to expand its presence and expertise in the Technology and Semiconductor sector.  

Christian brings over two decades of success serving in senior operational and commercial roles within the global logistics industry. His deep knowledge of the semiconductor and solar industries has shaped critical supply chain transformations for clients across all modes of global transportation.  

Throughout his career, Christian has been instrumental in developing and implementing innovative commercial strategies that have contributed to significant business growth and fostered customer collaboration. His innate understanding of the industry landscape and proven track record of driving operational excellence make him a valuable asset to JAS’s growing technology vertical.

"Christian’s wealth of experience and passion for innovation aligns perfectly with our mission to deliver exceptional services to our Technology clients. His leadership will play a crucial role in expanding our service portfolio and solidifying JAS's position as a key player in the dynamic and fast-evolving semiconductor industry," Manuele Mazzacurati, EVP, Sales & Marketing, JAS Worldwide, expresses with enthusiasm.  

Christian Heinze's appointment comes at a key time as JAS continues its focus on operational excellence, offering innovative solutions, and adopting a sustainable approach to drive growth and create value for its customers globally.

Blue World Line

Dear Valued Customer, 

Due to the recent collapse of the Francis Scott Key Bridge in Baltimore, we are raising awareness that our services and contracts are affected by this situation.  

Therefore, in conjunction with similar actions taken by ocean carriers, Blue World Line hereby provides this notice, in accordance with the clauses 11 and 12 of its bill of lading, of the necessary re-routing of some vessels currently sailing to and from the Port of Baltimore. 

Cargo currently at the terminals in Baltimore will remain at the port until further notice and imports originally set to call the port of Baltimore have been rerouted to other US East Coast ports.  

JAS Worldwide, as agent for Blue World Line, is taking all necessary steps to preserve its transportation services for our customers and to mitigate the impact of this situation on your shipments. 

Lastly, this disruption will continue to impact our services along the east coast of the United States and drive booking and routing changes on both imports and exports calling the port of Baltimore.  We will continue our best efforts to keep you updated on the status of your shipments and any developments as they happen.  

We appreciate your understanding and cooperation in this difficult situation, and we will keep you updated on any additional developments. Please check back often at www.jas.com for the latest news. 

For any questions and concerns, please contact your local JAS office.  

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