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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. Live map of Suez Canal and Red Sea, Dec.

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This Week n Logistics News (February 24 – March 1)

Logistics Viewpoints

hit 18 Houthi targets in Yemen on Saturday in response to a recent surge in attacks by the Iran-backed militants on ships in the Red Sea and the Gulf of Aden. The bombings focused on military targest in eight locations in Houthi-controlled areas in Yemen, the U.S. The next time a leap year will be skipped is the year 2100. and the U.K.

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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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July 23, 2024 Update

Freightos

Houthis in Yemen continued their attacks on vessels in the region last week, including a deadly strike on a tanker. Though many – but not all – carriers were able to restore operations relatively quickly, delays are expected for impacted shipments as the backlog is cleared.

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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. Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen. Houthi militants in Yemen have stepped up attacks on vessels since the start of the Israel-Hamas war in October.

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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.

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This Week in Logistics News (March 9 – 15)

Logistics Viewpoints

Ship operators fear that their crews could be imperiled on the journeys through the Red Sea by missile or drone attacks from a Yemen-based rebel group. The Suez’s problems are geopolitical and those in Panama are climate-based, but both are roiling global trade.