Middle East shipping routes clogged by U.S.-Iran conflict as KOTRA offers up to 84 million won in detour logistics support
· Source: mk.co.kr
In short
The U.S.-Iran military clash and Houthi blockade of the Red Sea have severely disrupted Middle East shipping routes, causing congestion at alternative ports in Saudi Arabia, the UAE, and Oman. In response, KOTRA has expanded its export logistics support program, offering up to 84 million won per company in combined emergency vouchers and inland transport subsidies to help exporters cope with soaring logistics costs.
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Tags: shipping, logistics, Middle East, port congestion, supply chain