Global shipping rates double in six weeks as Red Sea rerouting strains capacity
Container spot rates on Asia-Europe lanes have surged back toward pandemic-era highs as vessels continue taking the longer Cape of Good Hope route, adding two weeks to transit times.
3 min read
Marcus WebbTrade reporter
Container spot rates on Asia-Europe lanes have surged back toward pandemic-era highs as vessels continue taking the longer Cape of Good Hope route, adding two weeks to transit times.
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