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After the serious attacks on ships, mainly, but not only container ships, in the Red Sea by the Houthi movement, has led to shipping lines in deciding...
EV manufacturers pause production in Europe as the Red Sea shipping crisis deepens.
Rather than investing in Israeli projects that bypass the Suez Canal, Egypt must reduce tensions on the Red Sea and restore the flow of ships through this vital global trade corridor
The Red Sea is home to the Suez Canal, which accounts for 12 percent of global trade, including 30 percent of all container movement. Around 80 percent of India's exports to Europe are routed through the arterial waterway.
A growing number of insurers are refusing to cover American, British and Israeli vessels against war risks in the key commercial shipping corridor through the Red Sea as attacks from Houthi rebels continue.