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The ongoing crisis in the Red Sea has led to increased charter rates and higher spot freight rates, with limited availability of ships for charter and a significant impact on the global shipping industry. ....
Houthi attacks have been a plus for shipping rates. The latest to benefit: Owners of container vessels that can be rented to shipping lines. The post Container lines ‘scramble’ to rent more ships amid Red Sea crisis appeared first on FreightWaves. ....