Red Sea and Suez Canal Shipping Crisis Update
Freightos
JANUARY 3, 2024
The US has indicated that the naval force will use a defensive strategy to secure the waterway, while the Houthis have threatened to attack US Navy ships if Houthi positions in Yemen are targeted. Europe rates have increased 173% compared to just before the diversion announcements, to more than $4,000/FEU. Europe prices decreased.
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