LONDON : Red Sea diversions mean container lines need more ships to carry the same amount of cargo. The security situation — which is even more precarious in the near term due to coalition
DAVOS : The ongoing tensions in the Red Sea due to recurrent attacks on merchant ships by Yemen’s Houthi rebels have a negative impact on the global supply chain and would lead to a $10-20 increase
OSLO : Shippers and forwarders are becoming increasingly concerned about carrier price gouging on the Asia to Europe services citing massive increases in charges that are being merged into a single charge from January.