Houthi attacks on ships disrupt global trade – DW &#x

Many shipping companies are avoiding the Red Sea and the Suez Canal, rerouting their vessels around the Cape of Good Hope. The detour creates delays and extra costs, with disrupted supply chains affecting global trade.

Related Keywords

South Africa , United Kingdom , Ningbo , Zhejiang , China , Gaza Strip , Iran , Far East , Mpumalanga , Israel , Germany , France , Kuala Lumpur , Malaysia , United States , Ukraine , Red Sea , Djibouti General , Djibouti , Denmark , German , Chinese , Indian Ocean , Annalena Baerbock , Joe Biden , Vincent Clerc , Stefan Hertel , Julian Hinz , Maersk , German Shipowner Association , European Union , Reuters , German Retail Federation , Kiel Institute For The World Economy If , Arabian Peninsula , Hamas Controlled Gaza Strip , President Joe Biden , Suez Canal , Kiel Institute , World Economy , Good Hope , Chinese New Year , Financial Times , United Nations Charter ,