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. With the other major carriers also rerouting now, it is likely freight rates will rise for Asia – N. Shipping through the Suez Canal will take more time.
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