Freightos
JANUARY 3, 2024
More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue. Get Your Custom Report Now!
Freightos
APRIL 9, 2024
Crews began the on-water removal of containers from the still-stuck Dali , as one necessary step in clearing the ship from the collision site. As a military solution to the attacks has proved elusive, the US envoy to Yemen is also exploring diplomatic incentives to bring the disruption to an end. Ocean rates from Asia to N.
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Freightos
FEBRUARY 28, 2024
US and UK strikes on Houthi positions continued last week as well, and the US Federal Maritime Commission is considering implementing maritime sanctions on Yemen as an additional measure. For vessels still transiting the Red Sea, insurance premiums continue to rise.
Freightos
JANUARY 3, 2024
Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Even with the US-led international naval task force in place, Houthi attacks on commercial vessels continued last week including a missile attack and attempted hijacking of a Maersk container ship on Saturday.
Freightos
JANUARY 10, 2024
The diversions are leading to higher costs for carriers using more fuel and more ships for the longer journeys around the south of Africa, and higher container rates for shippers. This statement was followed by a China representative to the UN also calling for the attacks to end.
Freightos
NOVEMBER 21, 2023
Though Israel’s war with Hamas has so far not had much impact on ocean logistics , Houthis from Yemen, after threatening to target Israeli ships, hijacked a car carrier vessel in the Red Sea with ties to Israeli owners this week, raising concerns of broader supply chain impacts from the war.
American Global Logistics
FEBRUARY 15, 2024
The shipping environment is prone to disruptions. The shipping environment is prone to disruptions, ranging from political conflicts to economic fluctuations and logistical challenges. Political instability and conflicts, exemplified by the ongoing Houthi attacks in Yemen, pose significant risks to supply chains.
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