Ships returning to Red Sea could cause collapse in rates: Xeneta

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2025-05-09 08:36:28 - Translate -

The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the U.S. and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates – but the situation remains far from certain.

#Xeneta #RedSea #Houthis #US #SuezCanal #freightrates #containershipping #shipping

The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the U.S. and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates – but the situation remains far from certain. #Xeneta #RedSea #Houthis #US #SuezCanal #freightrates #containershipping #shipping

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Ships returning to Red Sea could cause collapse in rates: Xeneta

"Global TEU-mile demand would decline 6% if container ships begin sailing through the Red Sea and Suez Canal again."

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