Red Sea Crisis
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Shipbuilding
Box rates rates sink to lowest levels since Red Sea crisis
Container freight rates are experiencing a significant decline, with Drewry’s World Container Index (WCI) falling 8% this week to $1,761…
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Shipbuilding
Suez Canal offers discount in bid to lure boxships back
In a bold move to rejuvenate trade, Egypt’s Suez Canal will implement a 15% discount on transit fees for containerships…
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