Container xChange highlights costs of demurrage and detention charges

The impact of elections in India, Mexico, the European Parliament, and the United States, could introduce further uncertainty to supply chain risks in 2025.

“The management of the Red Sea crisis has alleviated concerns of sudden container price rises, providing a more predictable environment”

Hamburg-headquartered Container xChange is the latest organisation to publish a report on the impact of the Red Sea crisis on the container market. The study mainly focuses on container prices and lease rates, both of which have increased rapidly since the start of the Israel/Gaza war in October and attacks on ships in November.

Despite targeted attacks on military/drone launch sites in Yemen by UK and US military forces, Houthi rebels have continued to fire missiles at ships in the Red Sea.

Missile and drone attacks by Houthi militia on merchant ships passing through the Red Sea and Gulf of Aden could trigger a global supply chain crisis; Maersk and Hapag-Lloyd suspend Red Sea sailings; World Shipping Council calls for decisive action to ensure freedom of navigation

Pairpoint (Vodafone and Sumitomo Corporation’s Economy of Things business), Deloitte and asset iintelligence company Nexxiot have joined forces to offer digital services that speed up the flow of goods worldwide