Red Sea, heading towards normalization
The militarization of the Red Sea has not helped reduce Houthi attacks on shipping. On the contrary, they have become more aggressive.
The militarization of the Red Sea has not helped reduce Houthi attacks on shipping. On the contrary, they have become more aggressive. Carriers are careful not to bring back Suez transits. Despite this, spot freight rates along the east-west routes are continuing to fall, a sign that transport service networks are slowly adapting to the new scenario of routes around Africa. Reefer shipping rates are rising, however
The militarization of the Red Sea has not helped reduce Houthi attacks on shipping. On the contrary, they have become more aggressive.
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