Ocean shipping rates have been on a steady decline since mid-January. That can be explained, at least in part, by the end to Houthi attacks…
Category: Houthi
China-EU freight through Russia nearly back at pre-war levels
Rail freight transit through Russia to the EU is nearly back at its pre-war level. As Houthi attacks endanger shipping on the Red Sea, shippers are looking for alternative routes. Consequently, the volume of China-EU freight that travels via Russian rail grew by 44 per cent in 2024. According to Russian media, the volume of…