Market Update: 2023/12/18
Multiple freight forwarders have reported receiving notices from Evergreen Marine stating that due to the current international situation, all Red Sea bookings are suspended—no new bookings, amendments, or changes will be accepted for now.
Additionally, industry sources reveal that Ocean Network Express (ONE) has issued notices:
Suspending all Israel-bound cargo bookings starting January 2024.
Considering significant rate hikes for Europe & Mediterranean routes.
Further details from ONE:
AR1 / MD1 / MD3 (trade routes) fully closed to new bookings.
Containers not yet picked up have been halted—arrange for customs withdrawal.
Picked-up containers to await further instructions.
