The atmosphere of insecurity in the Suez Canal / Red Sea and the implementation of an Emission Trading System are causing constraints:
➔ Since January 1st, Shipping Companies have been applying surcharges per TEU, varying depending on the route and type of equipment.
➔ Following hostile attacks in the Suez Canal / Red Sea, most Shipping Companies are deciding for alternative routes Europe-Eastbound and vice versa (namely via the Cape of Good Hope), resulting in significant delays and rate increases.
Given these circumstances, significant tariff instability is expected until the situation normalizes. We are closely monitoring all developments and devising strategies to minimize the impact of these circumstances on our clients. For more information, please contact us.
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The atmosphere of insecurity in the Suez Canal / Red Sea and the implementation of an Emission Trading System are causing constraints:
➔ Since January 1st, Shipping Companies have been applying surcharges per TEU, varying depending on the route and type of equipment.
➔ Following hostile attacks in the Suez Canal / Red Sea, most Shipping Companies are deciding for alternative routes Europe-Eastbound and vice versa (namely via the Cape of Good Hope), resulting in significant delays and rate increases.
Given these circumstances, significant tariff instability is expected until the situation normalizes. We are closely monitoring all developments and devising strategies to minimize the impact of these circumstances on our clients. For more information, please contact us.