Maersk CEO Clerc acknowledged the complexity of the situation for carriers and businesses reliant on cargo transport Vincent Clerc, the CEO of Maersk, explained that the upcoming months will pose challenges for both carriers and businesses due to the ongoing situation in the Red Sea, which is expected to continue[Read More…]
Tag: Far East
Red Sea crisis spiralling ocean freight rates from Far East to US
The latest data released by Xeneta indicates a peak may have been reached after spot rates from the Far East into the US declined slightly since the last round of General Rate Increases (GRIs) were implemented at the start of February The Red Sea crisis sent ocean freight rates from[Read More…]
