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 ...
PRESS RELEASE
Oslo, Norway, 12 January 2024
Missile strikes by the US and UK against Houthi militia in Yemen has brought heightened tensions across the region with disruption to ocean freight shipping set to deteriorate further.
At approximately 2.30am (Sanaa/Red Sea time) today, Friday, the US and UK military carried out air strikes on targets in Yemen in response to Houthi militia attacks on merchant ships in the Red Sea, which have totalled 27 since November 19.
Peter Sand, Chief Analyst at Xeneta – ...
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