Chinese logistics companies are gradually reducing their activities in the Middle East and redirecting their operations towards Africa, Southeast Asia and the Americas, due to the intensification of the war in the region.
This geopolitical instability is leading to a sharp increase in freight rates. In this context, many companies are accelerating the relocation of their subsidiaries to areas considered more stable. They must also contend with the major disruption caused by the closure of the Strait of Hormuz, which is triggering a surge in maritime transport costs.
Faced with this persistent increase, many European and American commercial companies, as well as cross-border e-commerce players, are adopting anticipation strategies, including buying in bulk and building up stocks.
The closure of the Strait of Hormuz is severely disrupting trade between Europe, the Middle East, and Asia. Bypassing this strategic shipping route results in longer journeys, additional costs, and increased congestion at international ports.
