Shipping firms impose extra fees as Red Sea attacks hit global trade
Cancellations and rate increases are expected to continue into the first quarter, recommends customers book 4-6 weeks in advance to ensure space on vessels.
Ship and tug boats are seen at the Red Sea port of Hodeidah, Yemen February 1, 2017.(photo credit: REUTERS/ABDULJABBAR ZEYAD)ByREUTERS