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Air cargo volumes from Vietnam to Europe – a major trade route for apparel – spiked 62% in the week ending January 14.

Red Sea crisis leads to 2nd largest capacity drop, says Sea-Intelligence; Drewry World Container Index up 23%

"Suez Canal diversions will inflate shipping costs for as long as the situation lasts but trade always finds a way"

United States calls Ansarullah, also known as the Houthis, as a Specially Designated Global Terrorist

December's global on-time performance is in line with December 2022 performance, according to data from Kuehne+Nagel

A missile was fired towards a vessel approximately 90 NM South East of Aden, Yemen

Iran-backed Houthis have attempted to attack and harass 27 ships in international shipping lanes since October 17, 2023

26th Houthi attack on commercial shipping lanes in the Red Sea since November 19, 2023

COSCO stops calling at Israeli ports, disquiet continues as carriers keep hiking rates

Six small craft approach merchant vessel within 1NM; Maersk announces peak season surcharge

Maersk decides to divert all vessels around Cape of Good Hope for foreseeable future.

Freight rates nearly double but carriers have capacity to address diversions & longer voyages compared to pandemic yrs