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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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Tanker With Ties to Israeli Billionaire Ofer Boarded Off Yemen

Supply Chain Brain

The incident is the latest in a string of attacks since Iranian-backed Houthi rebels in Yemen issued a threat to target ships until Israel’s military operation against Hamas ends.

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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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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 (April 13 – 19)

Logistics Viewpoints

The increases would be similar to price hikes that happened in January when many ocean freight carriers began to avoid the Red Sea and the Suez Canal in an effort to dodge missiles and drones being launched by Houthi rebels in Yemen.

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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.