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Asia-Europe container freight futures experienced a sell-off on 13 October as the Israel-Hamas ceasefire suggested a possible resumption of Red Sea transits. Since October 2023, when the Israel-Hamas conflict broke out, mainline operators had been detouring round the Cape of Good Hope for Asia-Europe routes to avert Houthi assaults. However, US President Donald Trump’s brokering […] The post Israel-Hamas ceasefire sparks container futures sell-off appeared first on Container News .
Israel-Hamas ceasefire sparks container futures sell-off
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