How are geopolitical tensions impacting global shipping transit times and operational costs?
Replied bySoham Chokshi
Co-Founder & CEO at Shipsy
Niche: SaaS
Revenue: Approx. $2.1 Million/month
Location: Gurugram, India
Started: 2015
Geopolitical events are forcing ships to reroute, such as going around the Cape of Good Hope, which adds about 14 days of transit time. For thin-margin commodities, this rerouting can add roughly 30% in extra costs.
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