News

Global ocean freight markets continue to be heavily impacted by ongoing disruptions and conflict in the Red Sea. All major ocean carriers have suspended service via the Suez Canal, which normally provides passage of approximately 30% of global container traffic. As a result, transit times, vessel capacity, and service levels on various trade lanes have … Continued

All major ocean carriers have announced continuations of service suspensions via the Suez Canal as a result of maritime security issues in the Red Sea region. With an estimated 30% of global container trade moving via the Suez Canal, these disruptions are having significant impacts on global ocean freight movements. Additionally, draught conditions around the … Continued