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Red Sea Turmoil Sends Economic Shockwaves Far And Wide

Attacks by Yemeni group have triggered the biggest redirection of shipping in decades.

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Airstrikes On Yemen Bring New Level Of Chaos To Shipping In The Southern Red Sea

The US and UK’s decision to hit back at Houthi militants after weeks of attacks on merchant shipping in the Red Sea has only escalated the chaos across the shipping industry, underscoring the threat of an enduring supply-chain crisis as vessels navigate the crucial trade route.

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Maersk Sails South Of Africa To Avoid Red Sea Conflict Area

Shipping giant A.P. Moller-Maersk A/S will redirect its vessels to sail south of Africa to avoid the Red Sea conflict area where Houthi militants have attacked several ships.

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Maersk buying Hong Kong warehouse giant LF Logistics in $3.6bn deal

Deal advances its push into land-based logistics, now more profitable than its traditional sea-container business

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