Resumption of Suez transits in doubt after return of Red Sea hostilities
Hope for a resumption of Suez Canal transits by container lines were dented over the ...
Asia-to-Europe airfreight could face extreme bottlenecks and price hikes due to the rising tension in the Middle East, and sea-air transhipments from Dubai will also be affected.
On Saturday, Iran launched around 300 missiles and drones at Israel, most of which were shot down by Israel’s US-backed missile defence system and its allies.
Safety concerns led many major carriers to cancel or re-route flights. Lufthansa Cargo told The Loadstar it would “fly around Iranian airspace” until 19 April, at least.
But with ...
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