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Oil tanker hit by Houthi-fired missile, crew safe

Drewry’s World Container Index increased 5% to $3,964 per 40ft container for the week to January 25, 2024

A one knot increase in speed, from 16 to 17 knots, will increase emissions by 14 percent: Sea-Intelligence

Following escalation of risk, US subsidiary of Maersk is suspending transits in the region until further notice

About 48% expect to increase shipments in weeks ahead of Lunar New Year, suggesting re-stocking has already begun

As Chinese New Year approaches, we expect tightening of container availability: Christian Roeloffs, Container xChange

Houthis continue to target merchant ships, ocean freight rates continue to rally on uncertainty

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