Red Sea - situation update Geopolitical tensions in the Red Sea have increased since the commencement of the Israel-Gaza conflict and this is particularly relevant for assets with links to Israel transiting the region. Following the recent attack on the vessel GALAXY LEADER in the Red Sea, we r...
Crisis in the Red Sea/Fake Electors/Finding Cillian Murphy: With Emily Blunt, Anderson Cooper, Brad Cooper, Alesha Guenther. An inside look at the U.S. Navy response to Houthi Red Sea attacks; an alternate Donald Trump elector in Wisconsin speaks out; Ci
The country, ravaged by nearly a decade of civil war, now faces a new challenge: a crippled economy further strained by the escalating crisis in the Red Sea. In Sanaa's Old City, the famed Al-Melh market used to be known for its labyrinthine alleys overflowing with affordable Eid delights...
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...
Oil traders are, for now, looking past rising tensions in the Red Sea. But that may not last, a top Wall Street commodities analyst warned in a note Tuesday. Iran’s decision to send a warship into the Red Sea only briefly alarmed oil traders Tuesday, with crude prices s...
Yemen-based Houthi rebels and militants have carried out 27 attacks involving drones and missiles on container ships and vessels in the Red Sea since November.U.S. and British militaries have launched retaliatory bombings on Houthi sites in Yemen, warnin
Piraeus reported that in June it experienced a decrease of 10.1% in containers handled, contributing to a broader 12.9% downturn for the first half of the year. The decline at Piraeus is mainly caused by challenges in global shipping routes through the Red Sea, where Houthi rebel attacks have...
Updated:Feb 22 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 recently ...
Global Shipping Giants Navigate Challenges Amidst Escalating Red Sea Crisis Date: January 4, 2024 In the wake of escalating tensions and security threats in the Red Sea, major shipping companies are grappling with critical decisions to ensure the safety of their vessels and crews. The crisis, ...
Freight forwarders have turned to rail services between China and Europe, backed by the Belt and Road Initiative, as a transportation alternative in light of disruption to international shipping caused by the Red Sea attacks, emphasizing the rail route's