Lunar New Year shortages expected in China amid Red Sea supply chain crisis
Houthi Red Sea attacks have impacted 30% of global container trade and caused transportation costs to triple.
Source: ship-technology.com
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Japan's three major shipping firms become latest to suspend Red Sea routes due to Houthi attacks - risking further price rises for UK consumers
The three firms - Nippon Yusen, Kawasaki Kisen Kaisha and Mitsui O.S.K Lines - said they suspended navigation through the Red Sea in order to 'ensure the safety of crews'.
Source: dailymail.co.uk
ONE Continues Fleet Investments Ordering Its First Methanol-Fueled Ships
Ocean Network Express (ONE) is continuing to move forward with an aggressive fleet investment program announcing its next major order and this time i...
Source: maritime-executive.com
Another ship comes under fire in Red Sea, disruption seen pushing up prices
Disruptions to Red Sea shipping caused by Houthi attacks will push up prices of consumer goods, an executive from port and freight operator DP World said on Tuesday as a missile struck another vessel...
Source: marketscreener.com
Red Sea: US targets Houthi anti-ship missiles in new strike on Yemen
Shell has reportedly suspended shipments through the Red Sea and Japan’s Mitsui OSK Lines is rerouting its ships.
Source: afr.com