PRESS ROOM

The U-Freight Group, with our comprehensive network of international container shipping services, including LCL and FCL import and export operations, notes that Sunday, 24 March 2024 marked the 100-day anniversary for what many regard as the start of the Red Sea crisis for international trade.

In response to an attack on the vessel Maersk Gibraltar by Houthi rebels, Maersk announced it would not be transiting through the Red Sea and Suez Canal. Other shipping companies would follow suit over the subsequent weeks, culminating in ongoing disruption to the flow of international trade through one of the world’s major shipping chokepoints.

Anyone using container shipping to manage their international supply chains who wants an illuminating summary of the situation should read the article posted by the Institute of Export and International Trade, which can be seen here: https://www.export.org.uk/insights/trade-news/100-days-of-supply-chain-disruption-in-the-red-sea-international-trade-struggles-with-new-normal/

U-Freight remains committed to helping clients manage the difficult situation facing container shipping at present and mitigate where possible additional costs incurred. Our ocean freight teams will endeavour to keep in close contact with all clients to provide updates on specific movements.

For more information about our ocean freight forwarding and logistics services, please visit the relevant pages of this website, or contact your local office, which can be seen here: https://www.ufreight.com/en/location