Suez route restoration progress and maritime freight rate fluctuations
CRGO Freightos Ltd
$0.76 +0.34%
View chart & analysis → - 1The overall market restoration rate of the Suez route is estimated to be approximately 30% to 35% compared to normal levels.
- 2Last week, Asia-North Europe freight rates rose 6% to $3,442 per FEU.
- 3The Iranian military sank a Dubai-related container ship last week.
So what's the key point?
The Suez route restoration remains at around 35% as the Iranian military sank a Dubai-related ship. Freight rates for ships traveling from Asia to North Europe rose 6%.
Source FreightWaves · View original ↗
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