In light of the current turmoil in Israel and Gaza, cargo ships in the Red Sea have been the targets of a number of attacks by Houthi rebels. As a result, more than $80 billion in ocean cargo has been re-routed around the southern tip of Africa, leading to shipping delays and additional costs to safely transport those goods.
Maritime data available in FreightWaves SONAR can help companies better understand the impacts of these events and inform the path ahead. To explore what the data is revealing about the current state of ocean freight movement, we invite you to join us for a live webinar on Wednesday, December 27 at 2pm ET, where we’ll cover everything you need to know to make the best decisions for your business.
Key areas of discussion will include:
• Is the U.S. or Europe more exposed to the situation in the Red Sea?
• What will the impact be on capacity and transit times?
• How will rates be affected heading into the 2024 contract season?
Register now to join us for the discussion or to receive the recording if you aren’t able to join us live.