Freightos
JANUARY 10, 2024
The diversions are leading to higher costs for carriers using more fuel and more ships for the longer journeys around the south of Africa, and higher container rates for shippers. This statement was followed by a China representative to the UN also calling for the attacks to end.
Logistics Viewpoints
MARCH 15, 2024
Over 7,000 miles away, vessels that move containers through Egypt’s Suez Canal are waiting for naval escorts or avoiding the passage altogether to take a much longer voyage around South Africa. The Suez’s problems are geopolitical and those in Panama are climate-based, but both are roiling global trade.
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Material Handling & Logistics
FEBRUARY 23, 2018
Over the last six years, several countries significantly improved their CPI score, including Côte d’Ivoire, Senegal and the United Kingdom, while several countries declined, including Syria, Yemen and Australia. The worst performing regions are Sub-Saharan Africa (average score 32) and Eastern Europe and Central Asia (average score 34).
BlueYonder
FEBRUARY 1, 2024
Since mid-November, Houthi rebels in Yemen have intensified their assaults on commercial shipping vessels navigating through the lower Red Sea, in response to situation in Gaza. Reacting to the situation, ocean cargo rates have surged.
BlueYonder
FEBRUARY 1, 2024
Since mid-November, Houthi rebels in Yemen have intensified their assaults on commercial shipping vessels navigating through the lower Red Sea, in response to the situation in Gaza. Reacting to the situation, ocean cargo rates have surged.
Freightos
DECEMBER 19, 2023
18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen. This began on November 18th when an Israeli-owned car carrier was hijacked by Houthis – it remains held in Yemen. Live map of Suez Canal and Red Sea, Dec.
Operations and Supply Chain Management
DECEMBER 21, 2023
Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen. It has forced a number of companies to re-route cargo around Africa’s Cape of Good Hope, adding days to journeys. Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen.
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