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Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates

Freightos

18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen. This began on November 18th when an Israeli-owned car carrier was hijacked by Houthis – it remains held in Yemen. As frequently happens in supply chains, this could have a potential knock-on effect.

Freight 327
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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.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

and Israeli startups focused on logistics, the supply chain and customer fulfillment. The disruptions are at a key point for ships passing through the Suez Canal and are creating ripples across supply chains in Europe and the U.S., But fallout to global supply chains from Panama’s drought is far from over.

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

Logistics Viewpoints

Walmart recently established its latest high-tech consolidation center in Illinois, marking a significant addition to its supply chain infrastructure. Neither Ticketmaster nor Taylor Swift’s media team have responded to requests for comment. And now on to this week’s logistics news.

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Exiger’s Technology Forecasts Merchandise, Textiles and Luxury Goods Most Vulnerable to Potential Strait of Hormuz Blockade

Exiger Perspectives

24, 2024 – Exiger , the market-leading supply chain and third-party risk AI company, today released proprietary research generated by its AI platform 1Exiger that identifies the sectors most vulnerable to a potential blockage in the Strait of Hormuz, which hosts the world’s twelfth busiest port, Jebel Ali. .-

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Foreign Adversaries Threaten Critical U.S. Manufacturing Sectors

Exiger Perspectives

defense contractor, however, is reportedly still reliant on Russian titanium at lower tiers of its supply chain. Exigers Supply Chain Explorer (SCE) identified 18,828 exports of Russian titanium or nickel since 2023 , including 467 shipments that went directly to the U.S. Companies The U.S. At least one major U.S.

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

Resilinc

struck more than 60 targets at Houthi positions in Yemen, aiming to halt attacks on merchant ships. imposed sanctions on two companies based in Hong Kong and the United Arab Emirates for their involvement in financing commodity shipments benefiting Yemen’s Houthis. On January 11, the U.S. The next day, the U.S.