According to the latest data from Copenhagen-based maritime and supply chain intelligence company eeSea, carriers have so far cancelled 302 headhaul voyages in May across the major tradelanes — 11% of the 2,693 proforma sailings.
That number is likely to increase significantly as carriers assess the full extent of the damage ...
Maritime transport defied the COVID-19 disruption. In 2020, volumes fell less dramatically than expected and by the end of the year had rebounded, laying the foundations for a transformation in global supply chains and new maritime trade patterns.
The Red Sea crisis was a new challenge for maritime shipping, which begs the question of whether the maritime shipping market will be able to adapt to new circumstances or whether the unstable situation in the Red Sea will push shippers to switch to rail transport.
