February 2024
“Shippers should keep in mind that the disruptions to their supply chain is actually at the maximum presently.” - Lars Jensen, CEO, Vespucci Maritime
UPDATES: RED SEA CONFLICT
When suddenly the Red Sea access was disrupted a large amount of cargo got stuck in major hubs across Asia, and with insufficient feeder capacity from niche operators to move the cargo onwards into the Red Sea this is causing rates to surge as well as creating congestion issues in the impacted ports, per Vespucci Maritime.
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