The Houthis have finally relented – in an effort to ease tensions in the Red Sea, the Houthis have made a recent offer to avoid the "militarization of the Red Sea", stating that they will not be attacked as long as ships passing through the Red Sea declare that they have "no ties to Israel".
It is highly likely that the change in attitude of the Houthis is due to strong pressure from the US-led military forces.
US Secretary of State Antony Blinken warned yesterday that Yemeni Houthi militants must know that if they continue to attack ships in the Red Sea, they will face "consequences".
Affected by this news, the Red Sea shipping is expected to return to normal, which also directly affects the container shipping European line, today's container shipping European line opened directly down to the limit, intraday **20%, reported 17734 points.
Company Perspectives
Yide**:
In mid-January, the shipping space of European routes was tight, and the peak season of European stocking demand before the Spring Festival and the second round of price increases by shipbuilders in January, the market is still optimistic about the freight rate in mid-January, and the short-term freight rate may peak. However, with the easing of the situation in the Red Sea and the return of supply and demand fundamentals to normal, once the overheating of the market subsides, the freight rate may fall back to the level before the Red Sea crisis, and the risk of premium taking is greater.