According to the latest data from Copenhagen-based maritime and supply chain intelligence company eeSea, carriers have so far cancelled 302 headhaul voyages in May across the major tradelanes — 11% of the 2,693 proforma sailings.
That number is likely to increase significantly as carriers assess the full extent of the damage ...
Container shipping rates for key global trade routes have soared this week, with U.S. and UK air strikes on Yemen stirring fears of a prolonged disruption to global trade in Red Sea, one of the world’s busiest routes.
Access to capacity is turning out to be difficult on certain major maritime routes and freight rates are rising
