New price hikes may slow ocean spot rate slide – but for how long?
Container spot freight rate indices showed some divergence this week, indicating that recent falls in ...
Risks to container vessels passing through the Red Sea region have been further heightened after reports that an OOCL ship was attacked by a Houthi drone yesterday.
According to reports, the 4,250 teu Number 9 issued a distress call after reporting being hit by a rocket as it sailed some 40km from the Yemen coast, resulting in engine damage and the ship taking on water.
Splash247 reported that Houthi rebels subsequently ordered the vessel to dock at the port of Hodeidah, where ...
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