#houthis | ConnectGalaxy

23 w

The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the U.S. and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates – but the situation remains far from certain.

#xeneta #redsea #houthis #us #suezcanal #freightrates #containershipping #shipping

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Red Sea return of ships could see freight rates crash: Xeneta

"Global TEU-mile demand would decline 6% if container ships begin sailing through the Red Sea and Suez Canal again."

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39 w

Do not expect container lines to immediately return to Suez Canal transits after the Houthis say they will stop attacks on shipping. The return of Donald Trump is another wildcard for the market in a highly unpredictable year, says Drewry in its latest update.

#drewry #israel #palestine #gaza #houthis #suezcanal #shipping #donaldtrump

www.itln.in

Drewry says container lines to stay away from Suez Canal..for now

Carriers will be wary that they could be at risk if the Houthis deem their voyages to have any connection with Israel.

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39 w

With the whole world talking about the Israel-Palestine ceasefire announcement, it’s expected that supply chain stakeholders will be eyeing any immediate impacts to now well-established routing past the Cape of Good Hope.

#eesea #redsea #capeofgoodhope #israel #palestine #cmacgm #houthis #premieralliance #geminicooperation #suezcanal #shipping