34.8 C
Bangkok
Friday, May 3, 2024

Bangkok Post – Shipping rates soar amid Red Sea tension

Container charges on Shanghai-Europe route jump 8% from a week earlier

A China Ocean Shipping Company (Cosco) container moves through the Suez Canal in Egypt on Feb 15, 2022. (Photo: Reuters)

LONDON – Container shipping rates for key global routes have soared this week, with US and UK air strikes on Yemen stirring concerns of a prolonged disruption to global trade in Red Sea, one of the world’s busiest routes, industry…

Read more…

Latest Articles