🔵 𝗖𝗮𝗿𝗼𝘇 𝗠𝗮𝗿𝗸𝗲𝘁 𝗨𝗽𝗱𝗮𝘁𝗲 | 𝗦𝗽𝗼𝘁 𝗿𝗮𝘁𝗲𝘀 𝗲𝗮𝘀𝗲 𝗮𝘀 𝗥𝗲𝗱 𝗦𝗲𝗮 𝘀𝗶𝘁𝘂𝗮𝘁𝗶𝗼𝗻 ‘𝗻𝗼𝗿𝗺𝗮𝗹𝗶𝘀𝗲𝘀’

The Red Sea situation has been going on for over two months now. Spot rates are slowly but surely dropping and it seems that the market is adjusting more and more to sailing around via the Cape of Good Hope. We can say that the Red Situation is ‘normalising’. What does that mean? 👀

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