Container shipping costs surge by 40% on EU-Korea route amid Red Sea crisis

Capt. John

Container shipping costs between Europe and Korea surged by almost 40 percent in February due to tensions in the Red Sea, the highest increase since 2019. The average shipping cost for a 40-foot container for the route jumped 38.7 percent on month to 1.24 million won ($934.16) last month, according...

https://www.hellenicshippingnews.com/container-shipping-costs-surge-by-40-on-eu-korea-route-amid-red-sea-crisis/

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