Comment / OceanX Radar: Staying the course as rates cut into the flesh... 

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UNCTAD 2025 Review of maritime transport has been released – appropriately titled: Staying the course in turbulent waters.

From the start, it says it for what it is:

“Ships that once transited the Red Sea in days now sail for weeks around the Cape of Good Hope. Freight rates that were relatively stable for years now swing wildly from month to month. Supply chains we thought were resilient have proven fragile.“

And also:

“Maritime transport ...