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July 15, 2024

Ocean freight rates close to post-Covid period

The combined effect of the disruption caused by the Houthi attacks on the Red Sea and the arrival of the peak season in the maritime transport sector - which corresponds to the period from late summer to autumn, when companies in the West begin to fill warehouses in preparation for Christmas - are pushing freight rates for the transport of containers by ship to the heights reached in the post-Covid period. This is the assessment of Sea Intelligence, one of the most highly rated analysis companies globally, which predicts an increase in transport costs for the summer that will bring maritime ...

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