Page 20 - Ever Given News Today

After a month of attacks by Yemen's Houthi rebels, the number of boxships diverting away from the Red Sea-Suez Canal route is reaching epic propor...

Yemen’s Houthi rebels have closed off one of the global economy’s most vital checkpoints by targeting commercial cargo ships in the Red Sea amid the Israel-Hamas war.

By Giulia Petroni Missile and drone strikes from Yemen's Houthi rebels on commercial ships in the Red Sea--one of the busiest trade routes in the world--are...

Global shippers are grappling with a spike in costs as some ships are forced to take lengthy diversions to avoid disruptions at the Suez and Panama canals.

Despite increased Houthi attacks on Red Sea shipping, the global energy trade remains largely unaffected, with minimal impact on oil and gas prices.

By bypassing the Red Sea, ships will be forced to travel thousands of extra miles to reach their destinations, causing delays and inflating prices, particularly for oil and gas, experts told McClatchy News.

Global shippers are grappling with a spike in costs as some ships are forced to take lengthy diversions to avoid disruptions at the Suez and Panama canals.

The world’s top appliance maker is the latest company to act after recent attacks on vessels forced leading shipping companies including Maersk to reroute around the Cape of Good Hope to avoid the Suez Canal

They are exploring alternative routes to avoid the region where the Houthi militant group is actively targeting vessels.

Electrolux, the world's largest appliance company, sets up a task force to find alternative routes or identify priority deliveries