Red Sea Revival Underway

Red Sea Revival Underway

Shipping services are steadily resuming across The Red Sea with a mixture of regional, Asia-Middle East, India and Asia-Europe services passing through this trade route. The number of unique service versions across The Red Sea has doubled since Q3 2024, when there was an average of eight services on any given month. At this point in time, there are 16 services and a 54% year-to-date planned capacity increase that is set to peak at 104,000 TEUs of proforma capacity in August.

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