16-1-24
It is still unsafe to sail through the Red Sea, and many container carriers appear to have adopted the new normal of navigating south of Africa. The extended route naturally impacts transfer times, but at FREJA, we are closely monitoring the Estimated Time of Arrivals (ETAs).
Given the situation in the Red Sea and the upcoming Chinese New Year, we recommend that our customers book well in advance to prevent potential delays. We offer sea-air services, and we are in close dialogue with our customers to find the right solutions that meet their needs during these challenging periods.
Feel free to contact your local representative at FREJA to learn more about our sea-air solutions.
____________________________________________________________________________________________________
8-1-24
There are still tensions in the Red Sea, and many container carriers have suspended their vessels or redirected them to sail around Cape of Good Hope.
The Red Sea crisis had resulted in various challenges within the sea freight market, including longer transit times, additional surcharges and increased freight rates. These challenges affect the supply chains due to the unpredictable market conditions.
Moreover, with the Chinese New Year approaching, factories typically close not only during the holiday but also both before and after it. Therefore, we recommend our customers to book well in advance in this period to avoid delays or disruptions in their supply chains.
____________________________________________________________________________________________________
2-1-24
The new year has begun, and the ongoing uncertainty persists due to the risks in the Red Sea. Additional attacks have been reported, and the decision of whether or not to use the Red Sea passage is up to the individual container carrier.
The latest update regarding surcharges remains valid – PSS and CAC (Contingency Adjustment Charge) have been applied since the 1st of January, leading to an increase in prices.
____________________________________________________________________________________________________
21-12-23
We have been notified that container carriers will be implementing a Peak Season Surcharge (PSS) effective from the 1st of January, 2024, impacting your shipments.
Please note that PSS details may vary among different carriers. FREJA will ensure to inform you about how this will affect your shipping costs.
____________________________________________________________________________________________________
19-12-23
Over the past weeks, several commercial vessels have been attacked by drones and missiles in the Red Sea. Consequently, many container carriers are rerouting their vessels from the Red Sea and the Suez Canal to ensure the safety of their crews, vessels, and cargo.
Several container carriers have already informed us that they are sailing around Africa via the Cape of Good Hope, as this is the only viable alternative. We anticipate that more will follow suit. However, the effects are longer transit times as the route is approximately 4,000 nautical miles longer, which equals approximately 7,300 kilometers.
The consequences of this are delays of 2-4 weeks and potentially increased costs for customers – although this is not yet confirmed. At FREJA, we support the container carriers' decisions, considering safety's crucial role in this situation. However, we regret any inconvenience this might cause for our customers.
Please reach out to your local contact at FREJA if you have any questions regarding this matter.
We are closely monitoring the situation and will ensure to keep you updated.
We appreciate your understanding.