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U.S. ships are returning to the Red Sea following promises from Yemen’s Houthi rebels to abstain from attacks on American and British vessels. The pledge, which comes after more than a year of ...
“The dynamic situation in the Red Sea and the necessary operational adjustments are causing disruptions throughout the network which will impact schedules and equipment supply,” Hapag-Lloyd ...
Disruptions to Red Sea shipping caused by Houthi attacks will push up prices of consumer goods in Europe in particular, an executive from port and freight operator DP World said as the impact on ...
Shipping rates have tripled since October on Asia-to-Europe rates, according to S&P Global, which warned of a “global contagion” from the Red Sea disruptions. The risk is that shipping and ...
The disruption is causing delays and driving up costs — at a time when the world has yet to vanquish a resurgence of […] The post Attacks on ships in the Red Sea are disrupting global trade.
Several shipping companies and a few liquefied natural gas (LNG) tankers have decided to avoid the world's main East-West trade route, following attacks launched by Yemen's Houthi group on ...
This page is subject to the extended confirmed restriction related to the Arab-Israeli conflict. August 2024 oil spill caused by attacks on the tanker Sounion Location Red Sea, "77 nautical miles to the West of Al Hudaydah" Coordinates 14°59′24.468″N 41°39′17.28″E / 14.99013000°N 41.6548000°E / 14.99013000; 41.6548000 Date 22 August 2024 Cause Cause Destruction of the ...
Maersk has suspended shipping through the Red Sea and Suez Canal — one of the world’s most important maritime trade routes — “until further notice” as it continues to review security ...