Houthi militia are increasingly targeting US and UK-owned vessels transiting the Red Sea with at least three ships from the two countries hit by missiles in the last two weeks, while several others have come under fire.
Container ship transits of the Panama Canal have seen something of a renaissance as other vessel types avoid the waterway.
Middle East hostilities and decisions by many owners to re-route ships around the Cape of Good Hope is shoring up markets and keeping freight rates above expectations, which does not equate to good news for ship recycling markets.
CMA CGM China has introduced four new rail services in northern China increasing intermodal connections.
