have engaged in violent operations against international shipping in the vital Red Sea trade route using Iranian missiles, drones, and marine vessels. After Hamas’ incursion into Israel and subsequent vicious assaults on military and civilian targets, the Houthi initiateddrone...
The escalating situation in the Red Sea has forcedTeslato halt production at its gigafactory in Germany, in what marks the latest headache for Elon Musk’s car company in Europe. The carmaker said last week that production at its plant in Berlin, which makes Model Y vehicles and batteries, ...
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 ...
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 ...
2023 ended with new disruptions for trade and supply chains following the security crisis in the Red Sea and there’s no end in sight yet. To avoid Houthi militant attacks on their vessels in the Gulf of Aden and the Red Sea, shipping companies and their clients continue to avo...
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
Just as we thought the worst is over in this post-COVID-19 era, shipping costs are escalating once again, but under different circumstances. The crisis in the Near East which surfaced in late 2023 is bringing about new challenges for industries shipping goods across the globe.Infofish Full...
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 ...
Second, although the Red Sea crisis also has a certain impact on China's textile and clothing exports to Europe (the routes in Europe and the Middle East have been empty), on the one hand, China Europe trains are more alternative to shipping. The space of China Europe trains has been bo...
1. Shipping delays Data from Infor Nexus highlights a notable surge in transit times for shipments attributed to the Red Sea crisis. The most significant delays are evident in shipments originating from Asian ports destined for Western Europe and the East Coast of the United States. Particularly ...