The quick widening of war in West Asia has set the panic among exporters and logistics providers as fresh bookings and loading have been put on hold while ships on seas get stranded. “The panic button has already been pressed. There are no freight carriers available to book the shipments, The ships that have not crossed the Red Sea area are stuck, trying to decide whether to move or not,” Chief Operating Officer (COO) of STEER Engineering Rajaraman DC said.