Although Maersk Line announced they would recommence journeys through the Red Sea / Suez Canal under the protection of US war ships, one of their vessels the Maersk Hangzhou came under attack again. Therefore, Maersk have decided again to re-route all vessels round South Africa for the time being. All carriers are now avoiding this key route, instead deciding to detour round the Cape to avoid this area.
To make matters worse, we are in the middle of the peak season period, and this is having a major effect on freight rates for all cargo which is using this route.
We are also expecting carriers to have equipment shortages at loading ports towards the end of January, as a vessel completing a round trip from China to Europe and back again for example, will take up to 1 month longer.
We anticipate rates will be reduced post Chinese New Year.
Our booking team will continue to book space as required, to ensure that your cargo is shipped without delay.
