IMF Reports 30% Decline in Red Sea Container Shipping
On Wednesday, the International Monetary Fund (IMF) revealed a substantial 30% decrease in container shipping activity in the Red Sea ...
Tag: Shipping Costs
Red Sea War Insurance Rises Amid Attacks
War risk insurance premiums for ships transiting the Red Sea are witnessing a notable increase following recent attacks by Yemen's ...
Shipping Costs Increase by 173% Due to Red Sea Crisis
The shipping industry is grappling with a significant escalation in costs, with freight rates between Asia and Europe, as well ...
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