The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...

LONDON: Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping ... by having to re-route around Africa. Many of them have rebuilt margins in the ...

In the past 12 months, vessels carrying Australian grain and produce to Europe had been forced to re-route around the Cape ... but that the crisis would have also had benefits for Australian ...

Ocean fuel costs rose just 1.7% in 2024 despite the effects of the Red Sea crisis, which forced Maersk to reroute ships on longer voyages from Asia to the Mediterranean, Europe and North America ...

Drawing on civilian and military assets provided by member states, the Common Security and Defence Policy provides the EU with an operational capacity for crisis ... Sea, the Red Sea and the North ...

The Houthis, a Yemeni terror group, have put themselves at the centre of the crisis unfolding in the Middle East after attacking ships in the Red Sea. Founded in the ...

the Houthis have waded into the conflict with attacks on shipping routes in the Red Sea as a show of support for the Palestinians and Hamas. The rebel group's attacks have disrupted global shipping, ...

The seizure of the Galaxy Leader marked the start of the Houthi campaign against shipping in the Red Sea and Gulf of Aden ... forcing shipping companies to reroute around the Southern African ...

While many Western companies resist paying these fees, opting to reroute ... This crisis comes amid lingering economic challenges, including the aftermath of the pandemic, the ongoing Russia-Ukraine ...

Ocean fuel costs rose just 1.7% in 2024 despite the effects of the Red Sea crisis, which forced Maersk to reroute ships on longer voyages from Asia to the Mediterranean, Europe and North America ...