金色财经|Mar 01, 2026 15:48
[Several Shipping Companies May Reroute via the Cape of Good Hope, Shipping Costs Likely to Rise]
According to a report by Jinse Finance, the situation in the Middle East has begun to affect the stability of delivery times for products destined for the region. Tao Juying, a business operator in the Yiwu market, stated that in addition to actively maintaining communication with Middle Eastern clients, she has also planned her operations in advance to minimize the impact on her company's trade. Besides market operators, buyers are also taking countermeasures. Yun Feiyang, a merchant from Turkmenistan, mentioned that considering his country's border with Iran, he has switched the shipping method for his latest order from sea freight to land freight to ensure the products arrive on time.
A freight forwarding professional noted that due to the situation in the Middle East, many shipping companies are highly likely to choose to reroute via the Cape of Good Hope, which is expected to add approximately two weeks to the journey. This will likely lead to an increase in shipping costs. As a result, they are also working on alternative plans for businesses. (CCTV Finance)
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