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The rise in hijacking incidents is posing a significant threat to the global supply chain, adding to existing challenges such as the pandemic and geopolitical tensions.
Key Insights:
Increased Frequency of Hijackings: There has been a noticeable increase in the number of hijacking incidents targeting freight and cargo shipments, disrupting the flow of goods worldwide.
Impact on Supply Chain Resilience: The threat of hijackings is compounding existing supply chain issues, putting further strain on logistics and increasing costs for businesses.
Geopolitical and Economic Factors: Geopolitical tensions and economic instability in certain regions are contributing to the rise in hijacking incidents, making it a complex issue to address.
