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The transport sector reinvents its risk management in the face of the geopolitical shock in the Middle East

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At the beginning of April, the transportation sector has become the seismograph of global geopolitical tensions. Between the blockage of the Strait of Hormuz – where more than 2,000 ships are immobilized – and the soaring cost of a barrel, the actors of the sky and the sea are deploying radically different survival strategies.

In this strategic zone of the Gulf, traffic has collapsed by 95%. Faced with this blockade affecting 320 tankers and 130 container ships, the giant CMA CGM (owner of La Provence) has chosen a strategic approach: the “diplomatic shield”. By displaying the message “Owner France” on its automatic identification system (AIS signals), the Marseille group uses its national identity as a safe-conduct to cross the waters under high surveillance. The Kribi was able to cross the famous Strait of Hormuz on Thursday, April 2nd.

Despite the instability, the group reassures on the resilience of its activities. The Southern Company secures its connections to Corsica with stable and accessible prices. Ceva Logistics maintains a controlled situation, with the zone representing only 5% of its activity, thanks to the immediate deployment of measures.