Page 16 - Ever Given News Today

A happy New Year to everyone across Bolton.  At the beginning of the year, it has now become customary to hope that it is not as bad as the one…

The standoff between Iran-backed Houthis and the West is taking a toll on the world economy.

In February 2021, Secretary of State Antony Blinken delisted the Yemeni Houthi as a Foreign Terrorist Organization. Three years later, it’s obvious this was a huge mistake.

Experts have predicted disruption in global trade as shipping companies announced suspension of shipping through the Red Sea and Suez Canal, over attack by

Capacity crunch as all-time high number of vessels reroute around Cape of Good Hope

Its down from 20 to five vessels at anchor since November.

Attacks on container ships in the Red Sea have continued. There are fears the situation could escalate further, potentially wreaking havoc on supply chains and the global economy.

Attacks by Houthi rebels along the trade route have led to firms pausing shipments, raising the possibility of a shock to the world economy

Capacity crunch as all-time high number of vessels reroute around Cape of Good Hope

An ongoing disruption in the Red Sea due to Houthi attacks on vessels is the latest risk to supply chains.