News / Charter market gets a boost as carriers look to plug holes in networks

© Phaisarn Wongkulchata

Enforced schedule changes, with ships diverted via the Cape of Good Hope due to Houthi attacks in the Red Sea, are prompting carriers to launch more hub & spoke-type services to plug the gaps in their networks.

This is particularly the case for services to and from the Mediterranean, the most affected by the omission of Suez Canal transits. Moreover, weekly transhipment links have also become a viable option for carriers that need to rationalise port calls in both Asia and ...