EU Naval Force Operation ATALANTA advises ships to alter their routes in response to increased threats from Unmanned Aerial Vehicles (UAVs), as Houthi threats extend beyond the Indian Ocean to the Eastern Mediterranean Sea.
Congestion hotspots, notably in Southeast Asia and the Middle East, are emerging due to fluctuating service configurations and Red Sea diversions. Concerns mount over potential impacts on European ports from Asian congestion.
Linerlytica’s latest analysis reveals a surge in the Shanghai Containerized Freight Index (SCFI), hitting its highest level since September 2022, with an 18.8% increase post-holidays. Tightening vessel space prompts market panic, driving sharp rate hikes on all long-haul routes amid a strong demand rebound ahead of the summer peak season.