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Red Sea ship attacks could push up cost of goods

Shipping lines are taking longer routes as they avoid the Red Sea.

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Houthi Attacks Update: East-West Trade braces for uptick in Freight Costs in 2024 Amidst Extended Routes and Heightened Risks

Houthi Attacks Update: East-West Trade braces for uptick in Freight Costs in 2024 Amidst Extended Routes and Heightened Risks
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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East-west trade braces for uptick in freight costs in 2024 amid extended routes and heightened risks

East-west trade braces for uptick in freight costs in 2024 amid extended routes and heightened risks
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The global fallout of Houthi rebels attacks in the Red Sea

Iran-backed rebels have targeted ships in the crucial shipping passage, sparking fears of economic repercussions.

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Here s how the Houthi attacks in the Red Sea threaten the global supply chain

Several shipping lines have suspended services through the Red Sea as more than a dozen vessels have been attacked since the start of the Israel-Hamas war.

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