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The resulting delays and extra costs for shipping companies have fueled concerns that consumers, still struggling after a prolonged spell of rampant inflation, could be hit with fresh price rises.
The Red Sea issue that we're facing right now is a little more localized,” barring a wider conflict in the Middle East, he said. Oil prices have yet to face serious consequences—but that could ...
Rerouting vessels from the Red Sea - the shortest route from Asia to Europe via the Suez Canal - around the Cape of Good Hope can add two weeks to shipping schedules, reducing global container ...
Red Sea crisis Part of the Iran–Israel proxy conflict, the Middle Eastern crisis (2023–present), and the Yemeni crisis Map of Houthi activity near the Yemeni coast: Houthi-controlled Yemen (SPC) Government of Yemen (PLC) Houthi attacks (red) and hijackings (blue) Date 19 October 2023 – present (1 year, 2 months, 2 weeks and 3 days) Location Red Sea, Gulf of Aden (esp. Bab-el-Mandeb ...
The U.S., along with Maersk security personnel aboard the ship, repelled the attack. The U.S. sank three Houthi vessels, killing ten Houthis. Maersk announced a 48-hour pause on shipping through the Red Sea following the incident. [1] On January 2 Maersk announced a halt on shipping through the Red Sea due to Houthi attacks. [2]
The Malta-flagged bulk carrier Morea, managed by Eastern Mediterranean Shipping, was targeted in the Red Sea. She was en route to India from Russia. Sealady: The Malta-flagged bulk carriers Sealady, also managed by Eastern Mediterranean Shipping, was targeted in the Red Sea. Her AIS said she held Russian cargo.
Several shipping companies and a few liquefied natural gas (LNG) tankers have decided to avoid the world's main East-West trade route, following attacks launched by Yemen's Houthi group on ...
August 2024 oil spill caused by attacks on the tanker Sounion; Location: Red Sea, "77 nautical miles to the West of Al Hudaydah": Coordinates: 1]: Date: 22 August 2024: Cause; Cause: Destruction of the oil tanker Sounion by Houthi militants: Operator: Delta Tankers: Spill characteristics; Volume: Up to 150,000 tons (~1 million barrels) of petroleum: The attacks on the MT Sounion refers to ...