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Inflation Warning: Shipping Insurance Rates Soar as Red Sea Crisis Bites - Vimarsana News

Inflation Warning: Shipping Insurance Rates Soar as Red Sea Crisis Bites

Attacks by Huthi rebels have sent insurance premiums surging, exacerbating costs already stretched by soaring freight rates.

Crew Abandons 'Sinking' Ship Struck by Houthi Missile - Vimarsana News

Crew Abandons 'Sinking' Ship Struck by Houthi Missile

Attack may be the first serious missile damage inflicted on a merchant ship by the Iran-backed, Shiite Muslim Houthi Rebels.

Worry Houthi Attacks on Shipping Will Disrupt Progress on Cutting Inflation - Vimarsana News

Worry Houthi Attacks on Shipping Will Disrupt Progress on Cutting Inflation

The downward inflation path faces risks from disruptions to shipping through the Red Sea, a key route for goods and fuel headed for Europe.

Tesla Shuts Down Factory as Houthi Attacks Cause Parts Shortage - Vimarsana News

Tesla Shuts Down Factory as Houthi Attacks Cause Parts Shortage

Tesla stumbles over 'Just-in-Time' logistics and suspends production at Gigafactory as Iran-backed attacks interrupt supply chains. 

Navy on Defence as Houthis Launch Largest Attack on Shipping Yet - Vimarsana News

Navy on Defence as Houthis Launch Largest Attack on Shipping Yet

U.S. and UK warships and aircraft shot down drones, cruise missiles, and a ballistic missile overnight, "the largest attack" by Houthis yet.