Strait of Hormuz Disruption and Potential Impact on Supply & Logistics
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Author 최고관리자 Comment 0 cases Views 49 views Date 26-09-22 12:52Content
Megatrends I&C Corporation is closely monitoring the ongoing
developments surrounding the Strait of Hormuz and their potential
impact on global trade, energy prices, shipping, and supply chains.
The continued disruption in this major international shipping route
has contributed to increased fuel prices, freight costs, shipping
insurance, and transportation expenses. These developments may
create indirect effects on the cost and availability of imported raw
materials, construction products, and other goods transported
through regional and international supply networks.
As a supplier serving the Philippine construction industry,
Megatrends I&C Corporation recognizes that these global
developments may affect procurement lead times, logistics costs,
product availability, and, where necessary, pricing adjustments.
developments surrounding the Strait of Hormuz and their potential
impact on global trade, energy prices, shipping, and supply chains.
The continued disruption in this major international shipping route
has contributed to increased fuel prices, freight costs, shipping
insurance, and transportation expenses. These developments may
create indirect effects on the cost and availability of imported raw
materials, construction products, and other goods transported
through regional and international supply networks.
As a supplier serving the Philippine construction industry,
Megatrends I&C Corporation recognizes that these global
developments may affect procurement lead times, logistics costs,
product availability, and, where necessary, pricing adjustments.