NewsShippers ‘at a loss’ as Red Sea ripples spread across container trades

July 29, 2024by 0

“Deep repercussions” from the “ripple effects” of the Red Sea crisis have surprised shippers, according to Global Shipper’s Forum director James Hookham, but there may be light on the horizon.  
“[The Red Sea crisis] introduced what we thought would be a one-off hit of delays as routings re-adjusted to an extra seven-to-10-day delivery time. And I think the expectation was, once the roots were reconfigured, things would settle down,” he …

The post Shippers ‘at a loss’ as Red Sea ripples spread across container trades appeared first on The Loadstar.

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