Houthi attacks and Red Sea diversions will not spur inflation or a new supply chain crisis, claims consultancy Drewry.

The Russia-Ukraine war led to enduring changes in shipping routes. War in the Middle East looks likely to do the same.

Spot rates remain very high, but appear to have plateaued. The question ahead: Will they fall back after Chinese New Year?

The initial effect of Houthi attacks was on containerized consumer goods. The attacks are now snarling seaborne fuel flows.

Amid the focus on wars in Europe and the Middle East, North Korea’s threat to key exporting and shipbuilding nations grows.

Monthly canal transits are now much lower than they were in 2015, the year before the Neopanamax locks went into operation.

Container lines faced overcapacity and huge losses in 2024. Then the Houthis flipped the market in favor of container lines.

Container-ship diversions from the Red Sea will likely last for months. Are large-scale tanker diversions imminent?

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 upsurge in rates due to ship diversions did not come soon enough to rescue container lines’ fourth-quarter results.

Red Sea escalation would juice tanker rates, but rates would fall if the conflict spilled into the Strait of Hormuz.

U.S. imports kept chugging along, despite all the talk of supply chain problems due to Red Sea attacks and Panama’s drought.

The combination of Red Sea detours and Panama Canal restrictions is having a knock-on effect: higher Asia-West Coast rates.

Imports to Europe and the U.S. East Coast face heavy delays as Operation Prosperity Guardian fails to bring shipping back to the Red Sea.

Tanker stocks rose as expected in 2023, container shipping shares surprised to the upside, and dry bulk stocks lagged the pack.

Shipping stocks are under pressure as some ocean carriers show faith in military protection from Red Sea attacks.

Ocean shipping kept the world’s cargo flowing amid two wars and disruptions at both the Panama and Suez canals.

The key question for container shipping rates: How soon can Operation Prosperity Guardian woo traffic back to the Red Sea?

Container ships have forsaken the Red Sea route but many bulk commodity vessels continue to transit the danger zone.

A growing number of ship operators are refusing to transit the Red Sea and taking a very long detour around Africa instead.