Simple Money Goal
  • Economy
  • Editor’s Pick
  • Investing
  • Politics
  • Stock
  • Top News
  • Economy
  • Editor’s Pick
  • Investing
  • Politics
  • Stock
  • Top News
No Result
View All Result
Simple Money Goal
No Result
View All Result
Home Politics

Ikea says products will be delayed due to Red Sea diversions

by
December 22, 2023
in Politics
0
Ikea says products will be delayed due to Red Sea diversions

Ikea warned of delays on some products due to the mass diversion of shipping containers from the Red Sea over safety concerns.

“The situation in the Suez Canal will result in delays and may cause availability constraints for certain IKEA products,” a spokesperson said by email Thursday.

They added that the safety of staff working in its supply chain was its priority, and it was evaluating other options to secure the availability of products. Ikea does not have its own container vessels but uses external operators.

At least $80 billion worth of cargo has already been diverted from the waterway which provides access to Egypt’s Suez Canal, the quickest passage between Europe and Asia, due to a wave of drone and missile attacks by Yemen-based Houthi militants.

Sweden’s Electrolux, the world’s largest appliance company, has set up a task force to find alternative routes and identify priority deliveries, Reuters reported.

Shipping giants Maersk, Hapag-Lloyd and CMA CGM are among those to have confirmed this week they will begin diverting ships already in transit around the longer Cape of Good Hope route along the south of Africa as the attacks continue.

Clerc added that it was unclear how quickly firms would see the impact from a new U.S.-led task force, which is seeing advanced air-defense military ships from countries including the U.K. and Italy head to the area.

Europe is set to have the biggest impact from the delays due to its strong trade ties with Asia, and because cargo bound for the Americas can travel via the Pacific.

This post appeared first on NBC NEWS
Previous Post

Consumer confidence pops in the last month of a year that dodged recession forecasts

Next Post

Nearly all of the homes listed for sale in 2023 were unaffordable

Next Post
Nearly all of the homes listed for sale in 2023 were unaffordable

Nearly all of the homes listed for sale in 2023 were unaffordable

Subscribe to Simplemoneygoal.com

    Giorgio Armani group names longtime executive Giuseppe Marsocci as CEO
    Politics

    Giorgio Armani group names longtime executive Giuseppe Marsocci as CEO

    October 17, 2025
    LendingTree founder and CEO Doug Lebda dies in ATV accident
    Politics

    LendingTree founder and CEO Doug Lebda dies in ATV accident

    October 15, 2025
    UPS is ‘disposing of’ U.S.-bound packages over customs paperwork problems
    Politics

    UPS is ‘disposing of’ U.S.-bound packages over customs paperwork problems

    October 13, 2025
    China outlines more controls on exports of rare earths and technology
    Politics

    China outlines more controls on exports of rare earths and technology

    October 10, 2025
    • About us
    • Contacts
    • Email Whitelisting
    • Privacy Policy
    • Terms and Conditions

    Copyright © 2023 Daily Trading Digest. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Politics
    • Stock
    • Top News

    Copyright © 2023 Daily Trading Digest. All Rights Reserved.