A number of shipping giants "suspended" in the Red Sea, and freight rates skyrocketed.

2023-12-18

Following the attack on Maersk's container ship "Maersk Gibraltar" on December 14, MSC's "MSC PALATIUM III" and Hapag-Lloyd's "Al Jasrah"

container ship were also attacked while passing through the Red Sea on December 15.


Recently, there have been frequent attacks on cargo ships in the Red Sea, the Bab el-Mandeb Strait and nearby waters. A number of container

shipping companies have announced the suspension of all container ships in the Red Sea and nearby waters. Maersk, CMA CGM, Hapag-Lloyd,

MSC, etc. have issued notices of "suspension of sailing" in the Red Sea.


Affected by the international situation, the risk of Red Sea shipping has intensified, and more shipping companies may stop receiving goods

and sailing in the future. More ships will have a significant impact on the global supply chain, the stability of the supply chain will be greatly

reduced, and the cost of navigation will continue to increase, which may once again drive up freight rates.


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