Over 120 Boxships Affected by Red Sea Disruption
After a month of attacks by Yemen's Houthi rebels, the number of boxships diverting away from the Red Sea-Suez Canal route is reaching epic propor...
Source: maritime-executive.com
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Who are the Houthis, and why are they attacking ships in the Red Sea?
Yemen’s Houthi rebels have closed off one of the global economy’s most vital checkpoints by targeting commercial cargo ships in the Red Sea amid the Israel-Hamas war.
Source: vox.com
Q&A: Red Sea Disruptions Pose Serious Threat to Global Trade
By Giulia Petroni Missile and drone strikes from Yemen's Houthi rebels on commercial ships in the Red Sea--one of the busiest trade routes in the world--are...
Source: marketwatch.com
Twin crises send cargo ships back to 18th-century trade routes
Global shippers are grappling with a spike in costs as some ships are forced to take lengthy diversions to avoid disruptions at the Suez and Panama canals.
Source: pressherald.com
Oil and Gas Prices Hold Steady Despite Red Sea Turmoil
Despite increased Houthi attacks on Red Sea shipping, the global energy trade remains largely unaffected, with minimal impact on oil and gas prices.
Source: oilprice.com