Page 21 - Ever Given News Today

The attacks in the Red Sea have threatened to throttle a vital part of the global economy that is already under pressure.

The price to ship a container from China to the Mediterranean surged 44 per cent in December. Read more at straitstimes.com.

After a rise in attacks by the Iran-backed Houthis, the world's largest shipping firms are staying away from the Red Sea and Suez Canal. Will we see another supply chain crisis?

An Iran-aligned group has attacked ships in the Red Sea that it believes are heading to Israel, causing several companies to pause or divert shipments.

Cape of Good Hope diversion adds 6,000 nautical miles and three or four weeks to delivery times and has driven up oil prices

Shanghai, China, Dec 20 (EFE).- The forced diversion of merchant ships from the Red Sea due to the imminent threat of attacks from Houthi militants off Yemen has led to a surge in freight charges after many shippers re-routed their vessels. The rising shipping costs have also affected trade between China and Europe, sparking supply …

Attacks on ships passing through a vital trading route have reignited fears about higher oil prices and could drive up inflation.

Creating extra costs and delays.

A new crisis is brewing in one of the world’s trade arteries, threatening to snarl supply chains, and push up oil prices and broader inflation at a time of slowing economic growth.

Houthi rebels in Yemen have launched missile and drone attacks on cargo ships in the Red Sea leading to the Suez Canal.