we spoke to peter tirschwell, vice president of maritime and trade at s&p global market intelligence.e way we should look at it is to say that this is certainly a maritime disruption. it's certainly a supply chain disruption. it is far less clear that it is a trade disruption. it does not seem to be an economic disruption. so you're not seeing such impact from these attacks, any impact for us in singapore or more broadly in the region? very broadly economic impact. we continue to believe that the growth of the apac region excluding china and japan will be 4.3%, up from 4.0%, so an acceleration of growth in 2024. if you read the report of our economics team there is virtually no mention of the red sea as having an economic impact. certainly it has a supply chain impact in the sense that orders have to be placed earlier and transit times are longer. it's harder to forecast if the time between when you order and when you sell your goods is longer by two to four weeks. but in general, we're not seeing a huge economic disruption in this region. how have they managed to accommodate this or

could let's speak peter tirschwell — vice president of maritime and trade at s&p global market intelligenceink that the way we should look at it is to say that this is certainly a maritime disruption. it certainly a supply chain disruption. it is far less clear that it is a trade disruption. it does not seem to be in economic obstruction.— seem to be in economic obstruction. so you're not seeinu obstruction. so you're not seeing such _ obstruction. so you're not seeing such impact - obstruction. so you're not seeing such impact as - obstruction. so you're not l seeing such impact as we're here for them are using any impact for us in more broadly in the region?— in the region? very broadly economic— in the region? very broadly economic impact. - in the region? very broadly economic impact. we - in the region? very broadly i economic impact. we continue in the region? very broadly - economic impact. we continue to believe that the growth of the region excluding china and japan will be four or 3% are from four—point know so an acceleration of growth in 202a. if you read the report of our econo

we spoke to peter tirschwell, vice president of maritime and trade at s&p global market intelligence.