Conflict escalation in the Red Sea intensifies seafood shipping headaches

At the height of the global COVID-19 pandemic 40ft container shipping rates skyrocketed to $20,000. Could they do so again?

Higher dry cargo rates could spur shipping lines to shun refrigerated container (reefer) shipments.
Higher dry cargo rates could spur shipping lines to shun refrigerated container (reefer) shipments.Photo: MSC
Published 16 January 2024, 06:00Updated 16 January 2024, 14:18