Emirates Shipping (ESL) has launched FHX and FNX services, increasing capacity and service frequency between major Chinese ports and East African markets.

On September 4, Ocean Network Shipping (ONE) announced the launch of the Red Sea Indian Gulf Route 2 (RG2), a weekly route connecting the west coast of India, the Middle East and the Red Sea.

The reduction of shipping lines, especially the US-West route, coupled with the threat of strikes in the East, led to the diversion of goods from the East to the West, and the freight rate was rapidly approaching. Market rate volatility is high and e