Page 5 - Brian Bourke News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Exporters are scrambling to find alternative ways, whether by air, land or sea, to deliver key consumer goods to retailers, as a series of attacks in the Red Sea exacerbate problems in maritime shipping supply chains around the world. The Iranian-backed Yemeni Houthi group has intensified its attacks on ships in the Red Sea since Nov. 19 to show support for the Hamas movement as the Israeli military offensive in Gaza continues.

Sources in the shipping industry are “in the dark” about the Biden administration’s new Red Sea security initiative.

With 158 vessels carrying $105 billion in ocean cargo avoiding the Red Sea amid Houthis’ attacks, freight prices are soaring.

With 158 vessels carrying $105 billion in ocean cargo avoiding the Red Sea amid Houthis' attacks, freight prices are soaring.

Raymond Terrace junior Peter Mata'utia's goal is to play with his younger brothers in the Newcastle RL competition for at least one season.