糖心传媒

ALERTS & 鈥婣DVISORIES

UPDATED Customer Advisory: Red Sea Attacks and Suez Canal Bypass

By
March 22, 2024
Containers at port.
Containers at port.

Current Situation聽聽

The ongoing Red Sea container shipping crisis, now in its fourteenth week, shows tentative signs of potential progress through diplomatic efforts and the IMO meeting. However, concrete actions and a clear normalcy timeline remain uncertain; as we have witnessed, attacks have continued throughout this past week. Shippers and industry stakeholders should brace for continued disruptions 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.聽

Industry Insights, Facts & Market Developments聽

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

  • Drewry's WCI Composite Index shows a continuing decline of 5% week over week. Drewry also recognized a trade specific decline from Asia to North Europe and the Mediterranean of 8%, whereas freight rates on transatlantic registered a 2% increase West and Eastbound this past week.聽聽
  • 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. Avoiding the launch of attacks has become the new 'normal.鈥'聽
  • US Maritime Administration outlined the most pressing threats for US affiliated vessels in their latest advisory, accounting for 47 attacks and one seizure during the crisis. The advisory also warns that the geographical scope for threats is much larger in scale than the Red Sea.聽聽
  • UKMTO (United Kingdom Maritime Trade Operations) reported various vessel attacks as well as attempts in the past week.聽聽
  • Media reported widely today that potential deals being worked on between the Houthis with Russia and China. While details are not clear nor substantiated, this would heighten the geopolitical distress.聽
  • The International Maritime Organization (IMO) convened a virtual emergency meeting on March 18th to discuss potential solutions for safe passage through the Red Sea. Specific details and proposed actions are still pending. The Marine Environment Protection Committee (MEPC), addressing environmental issues under IMO's remit, also discussed the challenging efforts finding angles to assist regarding the sunken MV 'Rubymar'.聽聽

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.聽聽

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

No items found.

Alerts & 鈥婣dvisories

NEWS

Stay in the know with JAS
Advisories
news.

Latest News

JAS recognized by Flowserve for excellence in global logistics.

JAS has once again been honored by Flowserve Corporation, a global leader in flow control solutions, securing the Freight Forwarder of the Year 2024 award. This marks the second year in a row JAS has been recognized by Flowserve, reinforcing its position as a trusted logistics partner in Flowserve鈥檚 supply chain.

JAS鈥檚 2024 recognition builds on its exceptional 2023 performance, which included Customs Broker of the Year and Best Account Management of the Year awards, with a special commendation for Regional Account Manager Katarina Cook. Flowserve annually awards five logistics partners across three freight forwarding and two non-freight categories (e.g., trucking, small packages), making JAS鈥檚 multi-year success a testament to its operational excellence and client-centric approach.

鈥淲e are proud to receive this award; it is a testament to the dedication and passion of every JAS team member across the globe. It proves that at JAS, it鈥檚 our people who truly make the difference,鈥 Manuele Mazzacurati, EVP Global Sales and Marketing, JAS.

鈥淛AS plays a vital role in keeping our operations in motion. Their dedication to operational excellence, collaborative approach and innovative adoption of new technologies have been instrumental in supporting our mission to deliver reliable flow control solutions worldwide,鈥 said Matt Dowgill, Flowserve鈥檚 Vice President of Global Supply Chain. 鈥淭his award reflects not only their performance but also their commitment to helping Flowserve develop and mature our logistics function.鈥

About JAS

JAS, a global leader in logistics and supply chain solutions, was founded in Milan, Italy, in 1978. Headquartered in Atlanta, Georgia, and supported by 7,000+ team members in more than 100 countries, JAS focuses on creating solutions that are innovative, sustainable, and tailored to customer needs. As a privately owned company, JAS is committed to creating opportunities for communities, customers, and colleagues to thrive.

Celebrating the grand opening of JAS Beijing's new office, marking a milestone in our growth in China.

This month JAS proudly celebrated the grand opening of its new Beijing branch office, marking another important step in the company鈥檚 growth in China. The event welcomed Mr. Marco Civardi, CEO of JAS China; Ms. Cathy Yu, North China Area Manager of JAS China; and Mr. Marco Midolo, First Counsellor & Head of the Economic and Commercial Office at the Italian Embassy in China.

In their remarks, Mr. Civardi and Mr. Midolo reflected on the importance of strengthening ties between Italy and China, and shared their optimism for the continued development of the Beijing branch. A ribbon-cutting ceremony and celebratory toast followed, setting a warm and festive tone for the day.

鈥淭his new office is more than just a space鈥攊t鈥檚 a foundation for the future,鈥 said Cathy Yu. 鈥淎s a key logistics hub in North China, it positions us to deliver even greater value to our clients and deepen our role in the ongoing partnership between China and Italy.鈥

Guests joined in creative activities, including the Wishing Pot game and a Wishing Tree, where they shared personal hopes for the success of the new branch鈥攁dding a meaningful and memorable touch to the celebration.

With deep roots in Milan and a growing presence across China, JAS remains committed to supporting cross-border collaboration, especially as trade and cooperation between China and Italy continue to evolve. The Beijing office will play a vital role in delivering tailored logistics solutions, strengthening customer partnerships, and driving growth throughout the region.

JAS is proud to participate in the 2025 Paris Air Show at Le Bourget Airport. Visit us at Booth AB190 to discover how our aerospace logistics solutions are helping the industry soar.

JAS, a global leader in logistics and supply chain solutions, is pleased to announce its participation in the 2025 Paris Air Show, one of the most prestigious events in the aerospace and aviation industries. The event will take place at Le Bourget Airport in Paris, France, from June 16-22, bringing together key industry players to explore the latest advancements in aerospace technology and supply chain solutions.聽

JAS will be exhibiting at Booth AB190, where its team of experts will be available to discuss the company鈥檚 comprehensive aerospace logistics services, including AOG (Aircraft on Ground) solutions, just-in-time deliveries, oversized cargo handling, and end-to-end supply chain management. With decades of experience in managing the complex, time-sensitive needs of the aerospace sector, JAS provides customized solutions that keep supply chains moving efficiently and reliably.聽

鈥淭he Paris Air Show is a premier event for the aerospace industry, and we are excited to be part of it once again,鈥 said John Brennan, Senior Vice President- Aerospace, at JAS. 鈥淎s supply chain demands continue to evolve, our focus remains on providing tailored, innovative solutions that help aerospace companies around the world optimize their logistics operations and reduce downtime.鈥澛

Visitors to the JAS booth will have the opportunity to meet with industry specialists, learn about the company鈥檚 latest innovations, and explore solutions designed to address the challenges faced by aerospace manufacturers, suppliers, and operators.

Our Sites use cookies for analytics purposes. For more information about the cookies we use on our Sites or how you can disable them, please see our Cookie Policy.