Global shipping not disrupted by Israel-Iran conflict for now, but impact likely nuanced

[SINGAPORE] The Israel-Iran conflict has not disrupted global shipping – for now – but the likely impact on the industry might be more nuanced.

Pacific International Lines (PIL), which focuses on China, Africa, the Middle East, Latin America, Oceania and the Pacific Islands, said that its sailings are continuing notwithstanding the escalated tensions in the Middle East.

Abhishek Chawla, PIL’s chief marine officer, told The Business Times: “At present, we continue our sailings with utmost consideration to the evolving situation while ensuring the usual safety and security of our vessels and crews. We exercise constant risk management assessment and strategic anticipation.”