ALERTS & ​ADVISORIES

UPDATED Customer Advisory: Red Sea Attacks and Suez Canal Bypass

By
March 8, 2024
Cargo ship from above.
Cargo ship from above.

Current Situation  

This week, the Red Sea crisis and geopolitical situation in the region worsened. Week 12 saw the first sunken vessel, MV 'Rubymar', leaking fuel and fertilizer, along with the tragic deaths of 3 seafarers that served on the MV 'True Confidence' when the attack occurred in the Gulf of Aden. Industry associations are urging vessel diversions until safe passage is guaranteed. 

Industry Insights, Facts & Market Developments

Below are some additional key facts and market developments surrounding the situation, including a timeline of major events.  

  • Drewry's WCI composite index has dropped another 6% this week, bringing the total decline to 9.23% over the past month. This decline is further emphasized by specific routes, with the Asia to North Europe index now witnessing an even further drop at 27% against its peak seven weeks ago, and the Asia to Mediterranean index experiencing another few points bringing the decrease from last week's 24% to 30% this week. 
  • US CENTCOM continues to report successful engagement and destruction of a variety of drones, missiles, and drone boats, drones on land before they are utilized. Yet, nothing has led to a decrease in attacks.
  • UKMTO (United Kingdom Maritime Trade Operations) reported an incident 50 miles southeast of Yemen today, fortunately, the vessel involved
    was not struck and continued its journey safely.
  • The MV' MSC Sky II' was attacked by two missiles on March 4th and continued its passage to Djibouti.
  • The MV 'True Confidence', a bulk carrier, remains at drift in the neighboring Gulf of Aden with no crew on board since the hit by an anti-ship ballistic missile (ASBM) on March 6th.

Our Commitment

JAS Worldwide will continue to monitor the situation and keep you duly updated. Our public website update will occur once per week, every Friday.  

For any more detailed and / or shipment specific information, or alternative solutions, please contact your local JAS office.

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This milestone agreement marks a collaborative step forward for the maritime industry, ensuring stability and growth in the years to come.

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Buenos Aires, Argentina –– JAS Worldwide is proud to announce that its Argentina office has been recognized as a Great Place to Work for the fifth consecutive year. This award highlights the teams commitment to creating a positive and inclusive workplace culture where employees feel valued, supported, and empowered to thrive.

The recognition as a Great Place to Work is based on direct feedback from employees and reflects JAS Argentina’s dedication to upholding the highest standards in workplace excellence.  

“We are honored to receive this recognition for the fifth year in a row,” said Patricio Pranzetti, Managing Director of JAS Argentina. “Our team is the heart of our success, and this achievement reflects their passion, dedication, and commitment to building a workplace where everyone can excel. Together, we will continue to create a culture of innovation, trust, and excellence.”

JAS Argentina’s recognition underscores the company’s broader global vision to create a unified, inclusive, and engaging work environment across all its offices. By investing in people, processes, and technology, JAS Worldwide empowers its employees to deliver exceptional service and innovative solutions to customers around the world.

JAS Argentina is honored to celebrate this milestone alongside its talented team and looks forward to continuing its legacy of excellence in the years ahead.

Arctic transport in action.

JAS Projects and JAS Sweden are proud to share an exciting achievement in heavy transport, executed deep in northern Sweden near the Polar Circle. This unique project involves the movement of oversized cargo through challenging winter conditions, where temperatures plummet as low as minus 15 degrees Celsius. 

The cargos dimensions are impressive: 

  • Max Weight: 240 tons 
  • Max Length: 49 meters 
  • Max Width: 6.5 meters 
  • Max Height: 5.15 meters 

Transporting such massive loads requires meticulous planning, technical expertise, and flawless teamwork—all of which were on full display as our team worked tirelessly to ensure safe and efficient delivery through the icy terrain. 

Luiz Dos Santos, Project Coordinator at JAS Projects, accompanied the operation and shared his firsthand experience. For Luiz, this was his first opportunity to be on-site for a heavy-lift transport, and it proved to be both thrilling and educational: 

"A thrilling mission in the far north. I accompanied the heavy transport from start to finish through the icy winter landscape of northern Sweden. It was an extraordinary and impressive experience to see the required precision and flawless teamwork with my own eyes. The execution, as well as the planning, are significantly more complex than they often appear from the desk. So, it was all the more helpful to have experienced the entire process firsthand."

This operation is a testament to the team's commitment to excellence, even in extreme environments. From intricate planning to navigating unpredictable Arctic conditions, the success of this transport highlights our ability to deliver solutions tailored to every challenge. 

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