Durban container port making headway in clearing backlog of vessels
It's down from 20 to five vessels at anchor since November.
Source: moneyweb.co.za
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It's down from 20 to five vessels at anchor since November.
Attacks on container ships in the Red Sea have continued. There are fears the situation could escalate further, potentially wreaking havoc on supply chains and the global economy.
Attacks by Houthi rebels along the trade route have led to firms pausing shipments, raising the possibility of a shock to the world economy
Capacity crunch as all-time high number of vessels reroute around Cape of Good Hope
An ongoing disruption in the Red Sea due to Houthi attacks on vessels is the latest risk to supply chains.