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Container lines to stay away from Suez Canal for now: Drewry
Carriers will be wary that they could be at risk if the Houthis deem their voyages to have any connection with Israel.
Drewry World Container Index up 7%
Freight rates from Shanghai to Genoa zoomed 21% to $4,399/FEU and from Shanghai to Rotterdam surged 16% to $3,954/FEU.