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Logistics Impacted By Major IT Outage

Logistics Impacted By Major IT Outage

Flights have been grounded at some international airports, some airlines have had to stop flying altogether, and there are also reports of issues at ocean freight ports.

Cargo Ship Sinks Following Houthi Attack

Cargo Ship Sinks Following Houthi Attack

A bulk cargo ship has sunk in the Red Sea, a few days after being stuck by a Houthi Uncrewed Surface Vessel (USV), with one crew member understood to have been killed. 

China Call For Houthi Attacks To Stop

China Call For Houthi Attacks To Stop

China has met with Yemeni officials in Beijing this week to discuss the Red Sea crisis and have subsequently called for Houthi Rebels to end their attacks on shipping.

Middle East Shipping Concerns Escalate

Middle East Shipping Concerns Escalate

The shipping situation in the Middle East region took a concerning turn for the worst on Saturday, when Iranian troops boarded the containership ‘MSC Aries’ and seized it shortly after it had left Dubai.

Chinese New Year – Enter The Dragon

Chinese New Year – Enter The Dragon

This year’s holiday in China starts on Saturday 10th February and finishes on Sunday 25th February. The celebrations last for two weeks and close with the Lantern Festival.

Current Situation For Asia Ocean Freight

Current Situation For Asia Ocean Freight

Ocean freight rates from Asia are spiralling upwards since the attacks on container ships in the Red Sea, with carriers also declaring ‘force majeure’ for shipments enroute.

GRI Planned For Asia Ocean Freight Imports

Ocean Freight GRI Proposed Again

We have witnessed several attempts by carriers to raise ocean freight rates this year, which have largely failed. However General Rate Increases (GRI’s) are once more being suggested for December.