You are likely aware of the two major earthquakes of magnitudes 7.8 and 7.5 that struck Turkey and northern Syria, predominantly on Monday, February 6th. These have taken a severe and heartbreaking toll on human life, killing over 15,000 people and displacing countless others.
It is currently impossible for businesses and logistics companies to assess the potential trade fallout. Broader supply chain challenges include operations being suspended at the stricken Turkish port of Iskenderun on the Mediterranean coast due to significant damage, impacting logistics and transport infrastructure in the area. As a contingency plan, bookings are currently being diverted to nearby hubs, including the Port of Mersin in Turkey and Port Said in Egypt.
Airfreight across the region is also majorly disrupted and backlogs are expected to worsen as some airports reduce passenger flights, many of which often carry freight, whilst rescue teams and missions are prioritized.
Notably, even areas not under direct and immediate impact from the earthquakes are suffering, specifically due to aftereffects, including damage to telecom links and power outages. Due to the severely weakened infrastructure, the supply of relief aid and supplies is also facing major logistical issues such as delivering medicines, first aid and medical equipment. This is mainly due to bottlenecks, broken roads and bridges.
Our deepest condolences and sympathy are extended to the victims in Turkey and Syria. Our team is here to help serve you and answer any questions you may have during this time. Please don’t hesitate to reach out by email at emea@trancoglobal.com should you require any further information or assistance. If you would like to donate to the Syria and Turkey relief fund, you can do so through our partners at WCA: https://wcaworldfoundation.org/.
