Fri, 22 Dec 2023 22:00:57 +0000
The crisis in the Red Sea region has sent the cost of ocean freight shipping spiralling as the market continues to react to vessels being forced to avoid the Suez Canal. Analysts at Xeneta, the leading ocean and air freight rate benchmarking and intelligence platform, predicted rates could increase by 100% following Houthi militia missile …
Full article: https://www.hellenicshippingnews.com/red-sea-crisis-spiralling-cost-in-ocean-freight-shipping-rates-is-becoming-a-reality-as-suez-canal-remains-out-of-bounds/