Red Sea crisis: The shipping industry is sounding the alarm as …
WEBJun 20, 2024 · Leading shipping groups have urged governments “with influence” to put a stop to Houthi attacks on vessels in the Red Sea after a second freighter sank this week.
Red Sea crisis: How global trade is being upended by attacks on ... - CNN
WEBFeb 8, 2024 · Attacks on container ships in the Red Sea have wreaked havoc on one of the world’s most important trade routes, increasing shipping costs and raising inflation fears. Here’s what you need to...
Navigating troubled waters: The Red Sea shipping crisis and its …
WEBMay 16, 2024 · The Red Sea, a critical conduit for 30% of the world's container traffic, is currently facing a shipping crisis of unprecedented scale.
The Red Sea shipping crisis is having a ‘dramatic’ impact, warns ...
WEBJan 25, 2024 · Attacks against shipping in the Red Sea by Houthis are devastating for global trade and supply chains, already reeling under the impacts of the war in Ukraine and climate change-linked...
The ongoing ripple effects of Red Sea shipping disruptions
WEBJul 9, 2024 · Over six months have passed since the Red Sea tensions began, and the ripple effects on maritime shipping and global supply chains have intensified. Ships continue to be temporarily diverted around the Cape of Good Hope, significantly increasing transit times and operational costs.
Red Sea crisis: What it takes to reroute the world's biggest ... - BBC
WEBJan 21, 2024 · Hundreds of cargo ships are being rerouted around the southern tip of Africa to avoid Houthi attacks in the Red Sea. But just how easy is it to divert the world's biggest ships?
The Impacts of the Red Sea Shipping Crisis | J.P. Morgan
WEBFeb 8, 2024 · The Red Sea shipping crisis — a result of Houthi rebel attacks on cargo ships and tankers — is causing hundreds of vessels to avoid the Suez Canal, one of the world’s most important waterways.
The Red Sea Crisis's Global Impact, and Its Historic Roots
WEBFeb 11, 2024 · The Roots of the Red Sea Crisis. The Houthi attacks that have rattled global trade are only the latest chapter of the sea’s recent troubles. By Chloe Hadavas, a senior editor at Foreign Policy.
Red Sea Attacks Pose Another Threat to Global Economy - The New York Times
WEBDec 19, 2023 · The wave of attacks against merchant ships in the Red Sea is forcing companies to send ships on longer routes and threatens to hurt an already wobbly global economy. The Houthis, an armed group...
Red Sea shipping disruptions could be avoided in the future by …
WEBJan 19, 2024 · The Suez canal, a waterway that connects the Mediterranean Sea to the Red Sea, was blocked for six days in 2021 after a container ship called the Ever Given ran aground, disrupting billions of...