HOUTHI RED SEA STAND DOWN: ‘SEISMIC’ IMPACT ON SHIPPING
https://media.zenfs.com/en/freightwaves_373/ad4adec0f8105733b36744e94af6a2fb
✍️ The Houthis have announced a pause in attacks on merchant vessels in the Red Sea, raising hopes for a return of large-scale container shipping to the Suez Canal trade route.
👉 The Houthis have announced a pause in attacks on merchant vessels in the Red Sea 👉 The announcement raises hopes for a return of large-scale container shipping to the Suez Canal trade route 👉 Waterway tolls have crashed as much as 60% as vessel operators divert the largest container ships and crude oil tankers away from the region 👉 Analysts warn that a return of global container shipping depends on assurances that will satisfy carriers and their insurers 👉 The industry must assess the Houthis' position to determine when it's safe to begin Red Sea passages
-- #PeterSand #LuukdeGruijter #VincentClerc #Yemen #Gaza #Egypt #Africa #Europe #Mediterranean #NorthAmerica #Asia #business
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