Home > Red Sea
You Searched For "Red Sea"
Houthis/Somali pirates attack 13% of global seaborne trade
19 March 2024 11:47 AM GMTIn the first three weeks of March, the number of ships transiting through the Suez Canal was down 51% YoY
Ukraine's grain exports flourish amidst expired Black Sea Initiative
5 March 2024 9:08 AM GMTUkraine exported an average of four million tonnes of grain per month during January and February 2024
Red Sea impact: Schedule reliability drops to 51.6%
2 March 2024 9:23 AM GMTCMA CGM was the most reliable top-13 carrier in January with schedule reliability of 54.7%
Cargo volumes in Red Sea area drop 21% due to attacks on ships
27 Feb 2024 1:00 PM GMTContainer ship transits are down by 70% through the Gulf of Aden and the Suez Canal, says BIMCO
Red Sea surcharges and the power of uncertainty…
23 Feb 2024 12:57 PM GMTCargoes moving in the opposite direction on the backhauls have been hit harder by surcharges: Xeneta
Global container equipment fleet growth picks up pace: Drewry
22 Feb 2024 1:56 PM GMTDrewry estimates that global box fleet rose 1% last year to 51.4 million TEU, to expand 2.3% over the year
EU launches Operation Aspides to counter Houthi attacks
20 Feb 2024 10:22 AM GMTOperation will be active along the main sea lines of communication in the Baab al-Mandab Strait and the Strait of Hormuz
Schedule reliability drops for 3rd month in Jan: K+N
17 Feb 2024 8:32 AM GMTAsia-Mediterranean/Black Sea recorded the steepest drop in schedule reliability from 61.9% in December to 39% in January
Red Sea Impact - 16% increase in TEU*Miles, says Sea-Intelligence
16 Feb 2024 8:38 AM GMTEurope-Indian Subcontinent trade is by far the most impacted; trade between Far East and North America least impacted
2023 schedule reliability up 19.5ppts; Drewry WCI down 4%
4 Feb 2024 5:30 AM GMTDrewry World Container Index (WCI) declined four percent to $3,824 per 40ft container to the week of February 1, 2024
XSI drops to 148pts in January, lowest since April 2021
1 Feb 2024 2:18 PM GMT"Shippers will be reluctant to commit to long-term rates during the height of disruption due to the Red Sea crisis."
Red Sea crisis impact more than Covid on ocean freight rates: Xeneta
31 Jan 2024 3:16 PM GMTEarly indications suggest ocean freight shipping rates are set to increase further in early February