The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...
There has so far been no sign of any significant shift by owners to run their vessels through the Red Sea again in a complex ...
Yemen's Houthis have carried out more than 100 attacks on ships since November 2023, sinking two vessels and seizing ... too high to resume using the Red Sea route. "Carriers will want to be ...
Yemen's Houthi rebels have indicated they will now restrict their attacks in the Red Sea ... of the vessels they have targeted have no direct ties to the conflict, including ships en route to ...
“Tramp vessels are likely to be among the first, while liner shipping companies will follow, depending on how quickly they can reorganise their route ... “Re-routing from the Red Sea has ...
Geopolitical developments including Mr Trump’s threats to impose tariffs on the top US trading partners and access to the Red Sea ... vessels travelling between Europe and Asia to take the ...
However, it likely will not be enough to encourage global firms to re-enter the route ... the Red Sea to the Mediterranean. The Houthis have targeted more than 100 merchant vessels with missiles ...
He said freight rates are expected to come down once the shorter route via the Red Sea ... vessels "we have the greatest possible location right now," Narayan said speaking of the project. "We're ...
Maritime Sources Expect Houthis to Halt Red Sea ... two vessels, seized another and killed at least four seafarers. The attacks have disrupted global shipping, forcing firms to re-route to longer ...
About 70% of vessel traffic has been sailing ... in recent days about any quick return to the Red Sea route, indicating that they’re holding off for now until safe passage is assured.
Houthi attacks in the Red Sea led to a 15-day increase in Europe-bound shipping times, causing heightened emissions from extended routes around Africa. .The Port of Las Palmas saw a 40% surge in ...
“If a person wants to buy a television, then we’re going to ... situation in the Red Sea, avoided by Maersk for over a year due to attacks by militants that forced vessels travelling between Europe ...