Market Pulse 2026 Week 37
Register Free Trial The escalation in the Middle East tensions as Houthi forces advance in Yemen over the last 2 weeks has not deterred carriers from resuming more Suez transits, with COSCO and OOCL the latest carriers to return to the troubled Red Sea region. The move will leave the Premier Alliance partners as the only main carrier group that have not returned to the Red Sea. The total capacity of ships diverted to the Cape route has dropped to a 2 year low of 4.6% of the global fleet. Freig