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Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates

Freightos

18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen. In addition to time, the fuel implications add up significantly both from a cost perspective and in terms of carbon emissions. Live map of Suez Canal and Red Sea, Dec.

Freight 250
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New: Global Trade Map 2016

Supply Chain Movement

According to Aberdeen Research, “international shipments cost twice as much, take five times as long and have five times more variability than domestic shipments.” Best-in-class companies have strategically aligned their in-house practices with the relevant EU trade agreements they wish to make use of. Seychelles. Saint Helena.