However, rather than deterring the Houthis, this military intervention has catalyzed an escalation, with the rebel group broadening its targeting to include U.S. and British naval vessels operating in the Red Sea. PERSISTING RED SEA CRISIS JEOPARDIZES REGIONAL PEACE Local Yemeni experts are raising...
Spanish Port Traffic Surges Due to Red Sea Crisis More Reuters FILE PHOTO: Flames and smoke rise from the damaged Greek-flagged oil tanker MV Sounion, which has been on fire since August 23, after an attack by Houthi militants, on the Red Sea, September 15, 2024 in this handout image....
The second top concern among readers, some 27% was port congestion, an issue which in some cases can also be linked to the disruption caused by the Red Sea crisis. Of the three other issues 10% put compliance with new regulations as their top concern, 6% the availability of qualified seaf...
Stormy Waters - Red Sea CrisisHussain, HamidDefence Journal
The Red Sea Crisis: The Data Points With Lunar New Year just around the corner, the global shipping industry is still contending with the challenge of Houthi attacks in the Red Sea, with effects including rising freight rates, longer transit times, increased emissions, container shortages, and ...
After almost a decade of hibernation, Somali pirates have resurfaced. Their reemergence follows the Yemeni Houthi movement’s campaign to target Red Sea shipping in support of Hamas in its war with Israel. Analysts believe the Red Sea crisis has drawn the attention of counter-piracy naval resourc...
The Red Sea Crisis: A Ripple Effect in Global Trade The Red Sea, a critical artery in the body of global trade, has become the epicenter of geopolitical tension. The latest? A coalition of nations, including the US and UK, demanding the cessation of Houthi attacks in the region in order...
Updated:Feb 22, 2024 Recent attacks on commercial vessels by Houthi militia in the Red Sea have put the vital shipping region in the spotlight. The Yemen-based rebels claim to be targeting Israeli-linked vessels, in protest at Israel’s war against Hamas in Gaza. The UN Security Council rec...
CAIRO, July 18 (Xinhua) -- The Egyptian Suez Canal's annual revenue dropped by about 23.4 percent in the fiscal year 2023/2024 due to the Red Sea crisis, Osama Rabie, chairman of the Suez Canal Authority (SCA), said in a statement on Thursday. ...
Red Sea / Suez Canal Shipping Crisis Major Shipping Companies Suspend Operations and Reroute Vessels December 21, 2023 In a significant escalation of tensions, Yemen’s Houthi militia has expanded its threats to target ships sailing to Israel, causing disruptions and raising security concerns in the...