Houthi militia ceasing attacks in Red Sea would have seismic impact on container shipping and see freight rates plunge – but questions remain unanswered

Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea (source: AP) – the impact would be seismic for global ocean container shipping, but an immediate largescale return to the region will require a series of further assurances, analysts warn. Peter Sand, Chief Analyst at Xeneta – the ocean and air …

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