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...
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 the future impact on shipping networks evolve with the RSC? Research on the RSC is ongoing, and ...
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 ...
Just as we thought the worst is over in this post-COVID-19 era, shipping costs are escalating once again, but under different circumstances. The crisis in the Near East which surfaced in late 2023 is bringing about new challenges for industries shipping goods across the globe.Infofish Full...
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...
The Red Sea crisis disrupts global trade, impacting shipping costs and prices in Europe. Major companies like Maersk suspend operations, affecting the crude oil market and refined product prices. Feb 06, 2024
Fast forward to 2024, and the Red Sea crisis continues to send shockwaves through the intricate web of maritime trade routes, leaving an enduring impact on industries reliant on global shipping. In this blog, we, at Infor Nexus™, a leading authority in maritime shipping, delve into the da...
Second, although the Red Sea crisis also has a certain impact on China's textile and clothing exports to Europe (the routes in Europe and the Middle East have been empty), on the one hand, China Europe trains are more alternative to shipping. The space of China Europe trains has been bo...
In late December,Maersk applied a transit distribution surcharge (TDS), which had an instantaneous impact on dozens of trade routes. After announcing that it would resume Red Sea voyages, the company stated that it would impose anemergency contingency surcharge (ECS)on routes beginning in 2024 ...