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Importers Face Surging Transport Prices, Delays as Pink Sea Diversions Pile Up

Importers Face Surging Transport Prices, Delays as Pink Sea Diversions Pile Up
January 10, 2024



Up to date Jan. 10, 2024 9:04 am ETWestern importers are reporting a steep upward push in ocean-shipping charges and weekslong delays as carriers divert ships from the Pink Sea to steer clear of Houthi rise up assaults.Some corporations transport items at the a very powerful industry lane are beginning to chafe on the emerging costs and additional charges that ocean carriers are implementing for the upper price of routing containerships on longer voyages across the Horn of Africa following drone and missile assaults by means of Houthi rebels in Yemen. Copyright ©2024 Dow Jones & Corporate, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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