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Alternate route to Red Sea identified by Israeli logistics firm
Dr.G.R.Balakrishnan Jan 19 2024 Shipping News

Alternate route to Red Sea identified by Israeli logistics firm

An Israeli logistics firm has identified an alternate route to move cargo from Dubai to Adani run Haifa Port in the light of blockade of Suez canal by the Houthi rebels for the past two months

 

Israeli logistics start-up Trucknet plans to move cargo by road between Dubai and Haifa port in Israel, using Saudi Arabia and Jordan as transit routes. While Trucknet cannot match the volume moved by sea, it can transport urgent goods such as medicines, according to media reports.

 

Cargo from Mumbai or Mundra Ports can be sent to Jebel Ali, then by road to Haifa, and finally by ship to reach ports in Europe or the US.

 

Trucknet recently entered into a land bridge agreement with UAE-based counterpart Puretrans FZCO and DP World of Dubai, which will reduce transit time by 80 per cent compared to Maritime routes. This solution comes as global trade faces challenges due to attacks by Yemen-based Houthi militants, resulting in a rise in transit time and freight costs, as per the report.