You may have seen in the news recently that pro-Hamas Houthi rebels in Yemen have been attacking ships linked to or heading to Israel. The Houthis, responding to the Gaza war, have escalated attacks, targeting commercial vessels as well as impacting East-West trade routes especially for oil. The escalating security crisis in the Red Sea…
Read MoreShipping Lines serving the Asia to Europe routes have started the Chinese New Year breathing fire and brimstone. Having imposed some modest increases to freight rates prior to the CNY holiday, they’re trying to keep the momentum going post CNY with some red-hot increases already announced for March and beyond.
Read MoreThe Shipping Lines serving the Asia to Europe routes have already decided on their New Years Resolution; to reduce capacity, improve their margins and increase rates. Like the resolutions that we all make every January 1st, only time will tell if they actually stick to them!
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