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This week, most containerships are still avoiding the Suez Canal, but a few lines have announced updates to their plans. Maersk announced over the weekend that with the multi-national coalition Operation Prosperity Guardian in place, they are “preparing to allow for vessels to resume transit through the Red Sea both eastbound and westbound.” The timeline for this adjustment is unclear, and there are still Maersk vessels sailing via the Cape of Good Hope detour. Maersk reiterated that the region remains high risk, and they will re-evaluate the situation as needed.

Select container vessels are still transiting the Red Sea region or have made it through the canal over the last few days. CMA-CGM, for example, has had some of their large vessels escorted through by French Navy ships.

The situation is still very fluid, and shippers should expect schedule and routing adjustments on a vessel-by-vessel basis for now. Vessels may continue to change course mid-voyage, sometimes before formal announcements are made.

Market rate increases announced for January are still expected to take effect at this time. Carriers have not announced changes to the new surcharges expected to be in place for January.

CVI is tracking all shipments, and we will provide updates as they are available.

 

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Your CVI team is here to assist you through these current market challenges. Ocean freight, air freight, domestic road/rail, and Customs Compliance – count on our dedicated professionals to care for you and your supply chain. Call us and let us show you what we can do!

 

Rachel Shames

VP, Pricing & Procurement

CV International, Inc.

 

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Rachel serves as Vice President, Pricing and Procurement for CVI. Her responsibilities include vendor selection, contract management and negotiation, transportation pricing, FMC compliance, and international agent network management.

Rachel began her career in international shipping with CMA-CGM America. She joined CVI in 2011, gaining experience in various departments with a focus on inside sales and marketing for the company. In 2014, Rachel assumed the role of Manager, Transportation, working on service procurement and development of client proposals. She has served in her current position since 2018.

A native of Norfolk, Virginia, Rachel earned her bachelor’s degree from the University of Michigan in 2005. She holds a Master of Business Administration with a concentration in Maritime and Supply Chain Management from Old Dominion University.

– Rachel Shames, VP, Pricing & Procurement, CVI
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