Ocean rates rise after tariff pause acts as 'starting gun' for more front-loading
General rate increases (GRIs) give a “clear indication of ocean carrier intentions”, and raise alarm ...
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Clearer details are emerging of the impact on supply chains of the attacks on containerships in the Red Sea that led carriers to re-route services.
Widely rumoured figures of a million teu being stuck on ships close to the Bab-el-Mandeb Strait, off the coast of Yemen, have been discredited by Xeneta, with chief analyst Peter Sand telling The Loadstar the true impact was about quarter of that.
He added: “Excluding ships currently transiting the Suez Canal, ...
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