Mitigating the Impact of the Red Sea CrisisSource: Reuters Future-Proofing Your Shipping RoutesTo avoid the geopolitical risks in the Red Sea, many companies have adopted the longer, costlier but ultimately reliable alternative routes around the Cape of Good Hope. Using these lanes meant that ...
Shipping costs are increasing in significant trade routes for the foreseeable future. This trend is expected to persist at least until the Chinese New Year and possibly beyond. To address the rapid rate increases, we have decided to implement an Emergency Cost Recovery Surcharge (ECRS) i...
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 the wake of escalating tensions and security threats in the Red Sea, major shipping companies are grappling with critical decisions to ensure the safety of their vessels and crews. The crisis, marked by recent attacks on container ships, has prompted a swift and varied response from industry...
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...
Yemen-based Houthi rebels and militants have carried out 27 attacks involving drones and missiles on container ships and vessels in the Red Sea since November.U.S. and British militaries have launched retaliatory bombings on Houthi sites in Yemen, warnin
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...
This has created a challenging and uncertain situation for the shipping industry and the global economy, as they face the risks of further attacks, delays, and disruptions in the Red Sea/Suez region. Shipping Giants React to the Red Sea Crisis Container Ship diversions from the Red Sea and Su...
Piraeus reported that in June it experienced a decrease of 10.1% in containers handled, contributing to a broader 12.9% downturn for the first half of the year. The decline at Piraeus is mainly caused by challenges in global shipping routes through the Red Sea, where Houthi rebel attacks have...
Red Sea crisis impact 来自 掌桥科研 喜欢 0 阅读量: 8 作者:J Gibson,M Ramnani,MJ Beech 摘要: Red Sea shipping issues have been the hot topic this quarter for phenol, acetone and their derivatives, with import delays opening up domestic demand opportunities and leading to a firmer price ...