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November 21, 2023 Update

Freightos

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. Transatlantic rates increased 9% to $2.00/kg

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. led coalition has positioned warships in the region to protect commercial vessels and has launched airstrikes on Houthi targets in Yemen, but that hasn’t put a stop to Houthi attacks on vessels.

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This Week in Logistics News (May 4 – May 10)

Logistics Viewpoints

Global shipping lines have become increasingly strained as the Houthi militia in Yemen broadens its attacks on cargo vessels, one of the largest companies in the industry warned on Monday. This has forced ocean carriers to avoid the sea and take a much longer route to Europe around the southern tip of Africa.

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs. struck more than 60 targets at Houthi positions in Yemen, aiming to halt attacks on merchant ships. On January 11, the U.S.

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Ikea warns of product delays after Red Sea attacks

Operations and Supply Chain Management

Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen. It has forced a number of companies to re-route cargo around Africa’s Cape of Good Hope, adding days to journeys. Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen.

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Israel attacks on Iran inflame Mideast shipping tensions

Freight Waves

Maritime analysts said increasing conflict could lead major container carriers to withdraw services in the straits, as attacks by Yemen-based Houthi rebels did in the Red Sea. “If The air attacks by Israel also killed two high-level Iranian military leaders.

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Red Sea and Suez Canal Shipping Crisis Update

Freightos

The US has indicated that the naval force will use a defensive strategy to secure the waterway, while the Houthis have threatened to attack US Navy ships if Houthi positions in Yemen are targeted. The UK says it is considering targeting Houthi positions in Yemen in response to the continued aggression.

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