Spot rates still tumbling, with worse to come if carriers return to Suez
The downward spiral of container spot freight pricing accelerated this week, as China begins its ...
A campaign of joint anti-Houthi military operations in Yemen and the Red Sea may have halved its capability for further missile attacks on shipping, according to security specialist Risk Intelligence.
Late last month, US president Joe Biden conceded that airstrikes against Houthi targets were proving ineffective: “Are they stopping the Houthis? No. Are they going to continue? Yes.”
But the situation may have changed
.Hans Tino Hansen, CEO of Risk Intelligence told The Loadstar: “No one thought it would stop the Houthis,” he ...
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Price war as carriers compete for cargo driving down container spot rates
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