In the latest development in the Red Sea crisis, Houthis recently announced threats to expand their attacks to Indian Ocean traffic, aimed at disrupting vessel flows already diverting away from the Red Sea toward the Cape of Good Hope.
In the meantime, with most container traffic already avoiding the Suez Canal, demand easing, and operations stabilizing, ocean rates continued to decrease across the major trade lanes.
Weekly rate averages out of Asia last week fell another 7% to N. America and...
https://container-news.com/ocean-rates-keep-sliding-but-some-rebound-for-air-freightos-analysis/