More Ships May Return to the Red Sea if Houthis Hold Their Fire
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.
More Ships May Return to the Red Sea if Houthis Hold Their Fire
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.
Posted inFreight (Cargo) Fuel Emissions (Transportation) Houthis Prices (Fares, Fees and Rates) Red Sea Ships and Shipping Suez Canal War and Armed Conflicts
Houthi Attacks Continue to Disrupt Shipping Industry As Israel-Hamas War Rages On
The transport route around the southern tip of Africa was once little used — but freighters are now forced to take it and are charging higher rates.
Posted inChina Europe Far East, South and Southeast Asia and Pacific Areas Freight (Cargo) Houthis International Trade and World Market Ports Prices (Fares, Fees and Rates) Supply Chain United States
‘It’s All Happening Again.’ The Supply Chain Is Under Strain.
As Houthi rebels intensify strikes on vessels headed for the Suez Canal, global shipping prices are soaring, raising fears of product shortages and delays.