Will the Red Sea events have an impact on Air Freight? We anticipate a potential surge in air freight demand from China as we approach the Chinese New Year and in response to developments in the Red Sea.Update January 11th, 2024 Services Services to and from Europe, the Medite...
Impact on Ocean Carriers and Ports Rising Ocean Freight Rates Shift to Alternative Shipping Methods Access real-time freight rate data with Freightos TerminalBook Demo The Red Sea Crisis: The Data Points With Lunar New Year just around the corner, the global shipping industry is still contend...
Impact on Ocean Carriers and Ports Rising Ocean Freight Rates Shift to Alternative Shipping Methods Access real-time freight rate data with Freightos TerminalBook Demo The Red Sea Crisis: The Data Points With Lunar New Year just around the corner, the global shipping industry is still contend...
Red sea crisis highlights vital role of China-Europe rail freight Interest in cross-border services increases due to concerns over shipping delays, costs Gantry cranes hoist China-Europe freight train containers in Xiliin Gol League in the Inner Mongolia autonomous region, on Oct 18, 2023. YANG ...
No quick fix for Red Sea shipping risks, impact potentially drags on to 2Q 2023 ended with new disruptions for trade and supply chains following the security crisis in the Red Sea and there’s no end in sight yet. To avoid Houthi militant attacks on their vessels in the Gulf ...
Challenge (1): How can the RSC impact on vessel behavior and maritime shipping networks be explored? As an important link connecting regions worldwide, exploring this transmitted from the Red Sea to global maritime shipping networks can help estimate the crisis losses. Challenge (2): How can th...
It is widely believed in the industry that the impact of the Red Sea crisis on China's cotton and cotton textile industry is "short, long and empty", which is limited and optimistic. The reasons are as follows: First, the Red Sea crisis has not only affected the export of textiles/clot...
Prices Skyrock According to reports from professionals, due to the Red Sea shipping crisis, global shipping giants such as Maersk, Hapag-Lloyd, and Mediterranean Shipping Company have avoided the Red Sea shipping route, resulting in extended voyage times and decreased shipping capacity, leading to ...
In the freight sector, the crisis has led to a marked decrease in tanker and dry bulk carrier transits through the Suez Canal. This reduction has significantly altered global trade flows, with a notable decrease in clean tanker transits through the Red Sea. The LNG and LPG markets have also...
according to a Freightos Freight Market Update published December 20. Nineteen percent of the world’s container trade — or more than 100 vessels — has already been diverted away from the Suez Canal and Red Sea in favor of an alternate route around the Cape of Good Hope, adding ...