Impacts of the Red Sea crisis on global shipping

red-sea-crisis-impacts-global-shipping

Only 52% of container ships arrive in their destination port on schedule right now. It also drives up costs: ships that take the route around the Cape of Good Hope burn an additional 100 tons of fuel per day, at a cost of 1 million US dollars per ship. Freightrates for a container from Asia to Europe consequently shot up by […]

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