crazy! The shipping company issued a price increase notice for August!
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According to relevant statistics, the number of maritime attacks launched by the Houthi armed forces against commercial ships last month hit the highest level in the year. In July, the Houthi armed forces once again launched multiple attacks on ports and cargo ships, and the Red Sea crisis still showed no signs of stopping. At the same time, many shipping companies issued notices of price increases in August.
As soon as July entered, some well-known shipping companies began to announce that they would increase freight rates on August 1, with the increase for 40-foot containers reaching US,000.
Industry insiders pointed out that Yang Ming also plans to adjust the peak season surcharge again for direct customers on July 15, which is expected to increase significantly from US0 per large box to US,800-2,000, in line with the strategy of leading shipping companies.
Yang Ming Shipping stated that the company has reported the price increase plan for European and American routes on July 15 and August 1, but emphasized that the actual increase will be flexibly adjusted based on market dynamics.
According to CCTV News, on July 1, local time, Yahya Saraya, the military spokesman of the Yemeni Houthi armed forces, issued a statement stating that the Houthi armed forces carried out four attacks that day.
The attacks targeted the ship "MSC Unific" in the Arabian Sea, the American tanker "Delonix" in the Red Sea, the British ship "Anvil Point" in the Indian Ocean, and the ship "Lucky Sailor" in the Mediterranean.
According to the Financial Associated Press, statistics show that Yemen’s Houthi armed forces launched the largest number of attacks on commercial ships in the Red Sea and Gulf of Aden in June so far in 2024. This clearly proves once again that threats to the global shipping market may be difficult to resolve quickly.
