Follow the podcast on
Drought and war plaguing the world's main maritime trade routes is disrupting the global supply chain.Â
A severe drought around the Panama Canal since June has had ships reroute to the Suez Canal, where congestion is building. Â
Combined with attacks in the Red Sea area over the weekend, higher costs and delays are likely on the horizon. Â
Custom Brokers and Freight Forwarders Federation chief executive, Sherelle Kennelly told Mike Hosking that the impact this will have on New Zealanders has yet to be determined. Â
She says it will drive importers and exporters to build an extra lead time for their cargo. Â
What impact that will have on additional costs, Sherelle Kennelly says, is variable right now.Â
LISTEN ABOVEÂ
Take your Radio, Podcasts and Music with you