Refine business strategies amidst Red Sea crisis, FMM tells shippers


PETALING JAYA: Shipping exporters should refine business strategies amidst the unfolding crisis in the Red Sea, says the Federation of Malaysian Manufacturers (FMM).

FMM president Tan Sri Soh Thian Lai said this comes as the crisis in the area has forced several of the world’s largest shipping firms to divert vessels to a much longer route around the southern tip of Africa.

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