FEL

News we found:

Carriers are entering agreements with the Houthis to avoid attacks A number of sources in the Middle East confirm to ShippingWatch that the first shipping lines have made agreements with the Houthis to prevent their ships from being attacked in the Red Sea. Updated

https://www.reuters.com/world/maersk-pause-all-container-shipments-through-red-sea-2023-12-15/

Maersk to pause all container ship traffic through the Red Sea Danish shipping company A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday.

Good news for imports and exporters:

The global freight recession will continue in 2024: CNBC Supply Chain Survey After the pandemic boom led to massive profits, weak demand and shipping overcapacity have sunk prices. That won't end in 2024, new CNBC survey data says.