- Global shipping costs are surging due to ongoing attacks by Houthi rebels in the Red Sea, disrupting vital trade routes.
- The disruptions at the Suez Canal are causing delays, raising transportation expenses, and impacting supply chains worldwide.
Houthi rebel attacks on cargo vessels in the Red Sea have triggered a significant 23% increase in the average worldwide shipping costs for a 40-foot container, reaching $3,777 by January 18. This surge,...
https://mfame.guru/red-sea-attacks-drive-soaring-ocean-shipping-rates/