The Red Sea crisis with the Houthis in Yemen attacking commercial shipping transiting the region has been one of the biggest stories in shipping over the last six months.
Recent analysis by UK-based marine assurance specialist, MIS Marine, has revealed that longer voyages undertaken by LNG carriers re-routed round the Cape of Good Hope to avoid the risks of the Red Sea, are having a negative impact on the ships’...
For anyone other than those on the receiving end of containership freight rates, the dawn of each new day brings an absence of good news in this increasingly hazardous world.