Houthi attacks on commercial vessels in the Red Sea caused 42% fewer ships to travel through the Suez Canal this January than at the peak in the first half of last year, a UN trade body said on Thursday, warning that the full impact has yet to be felt by consumers. The disruption on the route that connects the Red Sea and the Mediterranean has caused spot container prices from Shanghai to Europe to rise by an average of 256% between the beginning of December and the end of January, the UN Confer
Houthi Attacks on International Shipping globalsecurity.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalsecurity.org Daily Mail and Mail on Sunday newspapers.
Persistent Houthi strikes are raising new questions for the Biden administration about how to halt the attacks and prevent the continuing war in Gaza from fueling a more destabilizing regional conflict.
Shipping charges for cargo going from Asia to the European Union (EU) and Britain have increased. - Diesel Supply From India To Europe Down By 90%, Adverse Impact On India s Business And Supply Chain