The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the U.S. and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates – but the situation remains far from certain.
#Xeneta #RedSea #Houthis #US #SuezCanal #freightrates #containershipping #shipping
#Xeneta #RedSea #Houthis #US #SuezCanal #freightrates #containershipping #shipping
The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the U.S. and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates – but the situation remains far from certain.
#Xeneta #RedSea #Houthis #US #SuezCanal #freightrates #containershipping #shipping
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