Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates
Freightos
DECEMBER 19, 2023
But with alternative routes and plenty of excess capacity available, operations should continue reasonably well, and freight rates are unlikely to spike to extreme highs. Diversions announced by these five carriers so far mean that 17% of global volumes will be taking the longer, more expensive and more carbon intensive routes.
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