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BBCNEWS Asia July 6, 2024

israel hamas wore widespread the region. here s our business reporter david waddell. the situation has come to a head because two big shipping companies, maersk, the container company and hapag lloyd another big shipping container company have both announced that they would stop sending shipping through the babar el mandeh strip. i lljust show you where that is. it is at the south side of the red sea. and at the north side of the red sea, we have the suez canal. these are two of the world s biggest choke points. if anything halts shipping through these points then it has a major effect on other shipping. any ships making their way from india or the philippines to europe or the united states, further west has to come through here and here then eventually through the straits of gibraltar before going further west or north from there. the alternative is to go south around the cape of good hope, suez canal and that adds 14 days possibly on to the journey time. now the sue ....

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BBCNEWS The July 6, 2024

this is all because of rebels in yemen are firing attacking ships. these are houthi rebels that support hamas. this at one of the world s busiest shipping routes. bbc verify explains. a, busiest shipping routes. bbc verify exlains. ., ., ., , explains. a month ago, this was hi acked. successfully capturing the galaxy leader cargo ship in the red sea. now, the group supports hamas and they say they re targeting all ships with ownership links to israel as well as any shipping going in or out of israeli ports. and the houthi group still has that boat. so we spotted it here on satellite imagery off the coast of yemen. now, this is the best image we have from satellite image provider planet. and it was taken on wednesday last week. now, these attacks are huge problem for big companies because this region is crucial to global trade. so, the red sea is one of the world s most important routes for oil and fuel shipments. now, any ship passing through suez to orfrom the indian ....

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BBCNEWS World July 6, 2024

song all day. we begin in egypt where officials insist traffic is flowing normally through the suez canal despite recent attacks further south in the red sea. iranian backed rebels in yemen have repeatedly targeted commercial vessels, leading some of the world s biggest shipping firms to suspend routes in the area. with more context, here s our business reporter david waddell. let us have a look at the situation. there are where the attacks occurred. at the northern end is the suez canal. you can t make your way unless you first pass this checkpoint. two companies. maersk, the container company and hapag lloyd another big shipping container company have both announced that they would not be making that passage. you have to pass the cape of good hope in south africa. that adds nearly 11,000 nautical miles to thejourney. adds nearly 11,000 nautical miles to the journey. there is another separate issue for the ships trying to traverse through the atlantic ocean and the pac ....

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BBCNEWS World July 6, 2024

business reporter david waddell. let s have a look at the geography of the situation. right here is the bab al mandab strait. it s right next to yemen, from where those houthi attacks originated. it s at the southern end of the red sea. at the northern end is the suez canal. now, ships cannot pass through the suez canal from the south without first passing through this choke point. a couple of days ago, the maersk shipping container company and hapag lloyd both announced they wouldn t be making that transit. they ve since been joined by other shipping companies. now, if you re a ship master trying to get your vessel from the indian ocean to the atlantic ocean and you cannot or will not traverse through suez, you need to pass by the cape of good hope. that adds an extra 3,000 nautical miles to thejourney. and there are other issues for ships trying to traverse from the atlantic to the pacific ocean through here. the panama canal is accepting many fewer ships right now be ....

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BBCNEWS Asia July 6, 2024

shipping companies may ask and halfback lloyd, another big shipping container company, have both announced they would stop sending shipping through the strait. i ll show you where thatis the strait. i ll show you where that is so it s here, at the south side of the red sea, and at the north side of the rest see, we have the suez canal. that s red sea. these are two of the world s biggest choke if anything, it halts shipping. making its way through to india or europe, or the unit states, it has to come here, they re here, through the straits of gibraltar before going further west or north from there. the alternative is to go south through the cape of good hope, adding 9 11; days potentially on the journey time. the suez canal authority has given a statement, saying, they are quite keen that business continues to flow through their. they have said that on sunday, 77 ships made their way through the suez canal, which i think is fairly normal. they said in recent weeks, s ....

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