Red Sea disruption, container freight rates, and shipper disputes
Soaring freight rates and an upturn in financial fortunes are in focus at the US’ Federal Maritime Commission (FMC) as disputes loom.
Source: seatrade-maritime.com
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Container Rates Soar on Concerns of Prolonged Red Sea Disruption
Container shipping rates for key global routes have soared this week, with U.S. and UK air strikes on Yemen stirring concerns…
Source: maritimeprofessional.com
Red Sea Missiles Send Ocean Freight Costs Soaring
Synopsis:Recent missile strikes in the Red Sea, responding to Houthi militia attacks on merchant ships, have ignited concerns over global ocean freight disrupti
Source: steelguru.com
BBCNEWS World Business Report June 4, 2024 05:31:00
Has said the uk is prepared to back our words with actions against the houthis. Peter sand is Chief Analyst at xeneta, an Ocean And Airfreight analytics platform. I dont know if you have data or statistics on how this is Impacting Trade so far . If i look at the Impacting Trade so far . If i look at the most recent developments, a key indicator of the tensions that we are seeing right now, they are up today following the most recent attacks and tension building. We have now is almost 200 up from about a month ago. We are now at 5400, and in the uk, 4500 up, though still dramatic. The reason te...
Source: archive.org
Whoever rules the waves rules the world... The Red Sea crisis will show us if that's true | Kim Darroch
The case for action was strong. But previous interventions have stark warnings for the US and Britain
Source: theguardian.com