The Houthi maritime blockade of Saudi Arabia, declared on 20 July 2026, produced a sharp and then remarkably flat effect on traffic through the Bab al-Mandeb. Transits fell from 354 in the week of 13 to 19 July to 269 in the week beginning 20 July, a drop of roughly 24 percent. Preliminary figures for the following week showed 266. The decline arrived immediately and then held … [Read more...] about Houthi Blockade of Saudi Arabia: Bab al-Mandeb Traffic Fell 24 Percent and Then Stopped Falling
shipping
Rate for shipping a 40ft container from Shanghai to Los Angeles has now fallen by 38%
Rate for shipping a 40ft container from Shanghai to Los Angeles has now fallen by 38% pic.twitter.com/zdf1RsCnKp— Liz Ann Sonders (@LizAnnSonders) June 30, 2022 … [Read more...] about Rate for shipping a 40ft container from Shanghai to Los Angeles has now fallen by 38%