Apple exports from Ukraine, Moldova, the EU, and Turkey are under threat due to Houthi terror in the Red Sea

Fresh Apple
Published Dec 19, 2023

Tridge summary

Several major shipping companies, including Maersk and Hapag-Lloyd, have suspended all flights through the Red Sea due to security concerns following attacks on civilian ships allegedly by Yemen's Houthi rebels. This has resulted in delays in cargo deliveries, particularly affecting the fruit and vegetable complex, and is expected to impact Ukrainian apple exporters and other countries relying on the route for trade. The situation may also lead to a rise in freight costs and increased travel time, potentially making apple export unprofitable and causing problems with the import of goods from India, Kenya, South Africa, and Israel.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to EastFruit analysts, in connection with attacks on civilian ships, allegedly by Yemen's Houthi rebels, the world's largest shipping company, Maersk, has suspended all flights through the Red Sea. Vessels already on their way are waiting to continue their movement in roadsteads in safe zones. The German shipping company Hapag-Lloyd made a similar decision. According to unofficial data, it is expected that the delay in cargo deliveries, if the security problem is resolved quickly enough, can reach 20 days, which is a critically long period for many types of fruits and vegetables. It is likely that the problem will not be solved for much longer, and then the situation will already become threatening, since the route through the Red Sea is one of the busiest in the world and many goods from the fruit and vegetable complex pass through it. “Ukrainian apple exporters will face problems supplying their products to the markets of the Middle East, which are currently the main ...
Source: Eastfruit
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