News / Costs will skyrocket as westbound voyages are paused or diverted

Photo: © Igor Groshev

18/12/2023

Asia-North Europe freight rates are predicted to soar.

This is due to the impact of some westbound voyages being paused and others being diverted around Africa to avoid increasing attacks by Yemen-based Houthi rebels on merchant shipping approaching the Suez Canal.

The escalating security crisis in the ...

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Simon Doyle
December 24, 2023 at 6:37 pm
As mentioned we have seen this reaction from the carriers in recent years so it’s happened again

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