Global maritime trade sails into geopolitical storm – ENG MIZZIMA COM mizzima.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mizzima.com Daily Mail and Mail on Sunday newspapers.
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PARIS (AFP) – International maritime trade has hit stormy waters as attacks by Yemen’s Houthi rebels on ships in the Red Sea has reduced the availability of ships, causing freight rates to surge. Most large international shipping companies have decided to reroute trading to avoid the Red Sea and Suez Canal through which 12 per […]
Shipping companies are diverting their cargo away from the Red Sea as attacks by the Houthi rebel group in Yemen intensify in response to the ongoing siege of Gaza. The attacks by the Houthi rebels, officially known as Ansar Allah, are now sparking confrontations in other parts of the Middle East, and U.S. diplomats are…