{"id":186410,"date":"2024-07-08T10:15:14","date_gmt":"2024-07-08T17:15:14","guid":{"rendered":"https:\/\/royalcoffee.com\/?p=186410"},"modified":"2024-07-08T10:29:29","modified_gmt":"2024-07-08T17:29:29","slug":"ethiopia-shipping-updates","status":"publish","type":"post","link":"https:\/\/royalcoffee.com\/ethiopia-shipping-updates\/","title":{"rendered":"Ethiopia Shipping Updates"},"content":{"rendered":"

Please note: since drafting this update, we have received news that MSC service may be resumed, utilizing feeder vessels to Saudi Arabia. While this is good news, it does not yet change our recommendations on seeking coverage now for your Ethiopian coffee needs. We will continue to share updates as we receive them.\u00a0<\/span><\/i><\/p>\n

With the <\/span>ongoing crisis<\/span><\/a> in the Red Sea, there have been at least 15 separate missile attacks on foreign vessels, originating from Yemen. Most of the larger carriers have sustained moderate or minor damage and been able to continue, but there have been sailor deaths, and even a couple of smaller vessels have been sunk. In March, Maersk line suspended service, but have since resumed it (albeit at 2 calls per month, when it had been 2 per week). Djibouti, the only port for all Ethiopian shipments leaving the region, has remained open and shipments have been moving mostly <\/span>on <\/span>time, with minor delays. The carrier MSC has taken up most of the slack.<\/span>\u00a0<\/span><\/p>\n

As of last week, MSC is suspending Djibouti service entirely. They currently represent 80% of the shipping capacity for this port.<\/span><\/b>\u00a0This is likely to have a massive impact on the availability of Ethiopian coffee for the foreseeable future. The cost of insuring shipments transiting this region has also increased.<\/span>\u00a0<\/span><\/p>\n

Good news: Royal has a <\/span>decent position of coffee already afloat<\/span><\/a> or booked on one of the last vessels to depart this week. \u00a0These are coffees denoted with \u201cETA xx\/xx Oakland\u201d or \u201cIntend Ship 7\/9\u201d on our position report.<\/span>\u00a0<\/span><\/p>\n