Latest news and stories about supply chain in Portugal for expats and residents.
The 'route' of major supply markets will include the south bank of the Tagus, according to the Portugal Transformation, Recovery and Resilience (PTRR) programme, presented this Tuesday by the Prime Minister in Lisbon. In the document, the Government identifies the 'definition of the base logistics network for essential goods and services' as a long-term measure.
Companies have issued a warning regarding the potential scarcity of medical equipment in Portugal due to the situation involving Iran.
The blockade of the Strait of Hormuz, amidst military escalation in the Persian Gulf, is not merely a logistical disruption but a weapon of war. It serves as a profound test of the European Union's governance and response capabilities. With oil prices surging, supply chains under pressure, and critical sectors facing shortages, the EU must leverage its robust instruments—such as the European Central Bank's mandate, the European Stability Mechanism, and strategic energy reserves—to avoid the fragmentation of the Common Market. Drawing lessons from the pandemic response rather than the euro crisis, the EU's AccelerateEU package aims to coordinate member state actions to protect economic sustainability and social welfare, proving that the Union's true value is measured by its ability to act decisively during crises.
The United States and the European Union signed a strategic partnership agreement this Friday to strengthen access and security in the supply of critical minerals. The understanding aims to diversify supply chains considered essential for the economy and security.
The association representing medical device manufacturing and distribution companies warned this Friday of the risk of shortages of these products in Portugal if the war in the Middle East continues. If the conflict persists and no preventive measures are taken, there is a risk of shortages of some products, mainly due to the erosion of supply chains.
Portugal is not expected to face shortages in jet fuel supply “in the coming months”, Galp states in response to ECO, without quantifying the exact period. The company says it is adopting operational measures to strengthen supply security. “At this moment, no disruptions are anticipated in the coming months, a period during which consumption is covered by...
The executive director of the International Energy Agency, Fatih Birol, said in an interview with the AP this Thursday that Europe has “perhaps enough aviation fuel for about six weeks” and highlighted that this is the “biggest energy crisis we have ever faced in history” due to the blockade in the Strait of Hormuz.
A new consulting firm has been launched in Portugal, dedicated exclusively to the supply chain. At a time when the international value chain is under pressure from geopolitical constraints, Conexus has entered the market to support organisations in improving their processes and operational performance. Founded by João Prior and Diogo Carneiro, ...
The pharmaceutical industry relies heavily on logistics routes through the Middle East. So far, there are no reports of critical medicine shortages, but the situation could become complicated if the blockade persists.
The European Union Chamber of Commerce in China warned today that China is using export restrictions as a tool for political pressure, putting global supply chains at risk.
“Higher costs for fuel, raw materials, insurance, and freight are increasing production and transport costs across the industrial system, including for solar panels, batteries, and wind components,” warned Robert Muggah, founder of the Igarapé Institute, on March 12 in an opinion piece published on the World Economic Forum website. “Until ...
Ali Akbar Velayati, a veteran advisor to Iran's Supreme Leader, has warned that the Bab al-Mandeb Strait could be closed by Iranian-backed Houthi forces, mirroring threats to the Strait of Hormuz. This potential double blockade of two critical maritime chokepoints threatens to disrupt 25% of global oil and gas supplies, exacerbating the current energy price crisis and global inflation. The warning follows heightened tensions between Tehran and the US, with Velayati dismissing US threats and highlighting the strategic importance of these routes for global trade between Asia and Europe.
The European framework for protecting critical infrastructure is designed for a world that no longer exists. Current regulations focus on formally designated sectors, but fail to account for 'hidden' critical assets—such as supply chains for essential goods or non-hospital health providers—that become vital during crises. The author argues for a paradigm shift that moves beyond binary definitions of criticality, advocating for a system designed for maximum credible crisis scenarios, supported by cross-ministerial coordination and a financial pact to share the costs of resilience.
Freight forwarders speak of a “domino effect on the global maritime container chain” due to the war in Iran
Geopolitical instability, particularly in the Middle East and the Strait of Hormuz, is disrupting global supply chains and energy markets, forcing industrial companies to shift from a focus on efficiency to resilience. The author argues that Portugal must leverage its renewable energy advantages and strategic location to become a reliable hub for industrial maintenance and engineering, treating industry as a pillar of economic sovereignty rather than a relic of the past.
The strait through which 35,000 ships pass each year could become another battlefield. A blockade would force weeks-long detours and cause the prices of oil and other commodities in Europe to soar.
With forces in conflict and the fragility of supply chains, it is natural that we prepare ourselves to face the worst.
An analysis of how the global landscape is shifting from a focus on event-driven crises to structural infrastructure challenges.
The conflict could have serious consequences for global food supplies due to pressure on a region through which one third of the world's fertiliser trade passes, at the worst time of the year.
The system for terminals operated by the company Yilport was down. The Port of Lisbon was the only one with an exception.
The sector remained operational and showed resilience even when communications and fuel supplies failed at some of the stores. The urgent need to review existing regulations and adjust fuel storage limits became evident.
The article discusses how a global shortage of semiconductor chips is causing a significant increase in smartphone prices, particularly impacting the mid-range segment. This chip scarcity is expected to lead to a “tsunami” effect on prices and may result in the disappearance of the mid-range smartphone category in the market. The situation highlights ongoing supply chain disruptions affecting technology industries worldwide, including Portugal's tech market.
Egg producers in the Lafões area are concerned about a potential shortage of chicken feed. The closure of the Strait of Hormuz necessitates alternative logistics and results in higher costs.
The article does not focus on Portugal but discusses the geopolitical instability caused by the Iran conflict and its potential impact on the global automotive industry. It highlights concerns over disruptions in the Strait of Ormuz, a critical maritime route for oil transportation, which could lead to increased energy costs, raw material prices, and supply chain disruptions. European and Japanese automakers such as Stellantis, Volkswagen, Nissan, Honda, Mercedes-Benz, and BMW are identified as particularly vulnerable to these economic and logistical challenges. The article emphasizes that prolonged conflict may intensify pressures on manufacturers and suppliers, affecting the automotive sector worldwide.
International markets fear an escalation in oil prices as a consequence of the disruptions in the Strait of Hormuz. Some companies, such as Maersk, have several vessels stuck in the strait, which could affect global trade flows. It is an unprecedented situation, as explained by Richard Quest of CNN International.
Sea freight is already feeling the effects of the war in the Middle East, especially regarding prices. However, the Portuguese Freight Forwarders Association fears further consequences: longer transport times and disruptions in the availability of ships and containers. It is a snowball effect affecting everyone: importers and exporters.
Sea freight is already feeling the effects of the war in the Middle East, especially regarding prices. However, the Portuguese Freight Forwarders Association fears further consequences: longer transport times and disruptions in the availability of ships and containers. It is a snowball effect affecting everyone: importers and exporters.
Storm Kristin left many companies destroyed or partially damaged. With production halted—either because conditions are unsuitable due to the severe weather or because of power cuts—sectors such as moulds and automotive components cannot supply the major multinationals they work for or customers abroad.
