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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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How the Red Sea shipping crisis risks driving up oil prices and inflation

A new crisis is brewing in one of the world’s trade arteries, threatening to snarl supply chains, and push up oil prices and broader inflation at a time of slowing economic growth. ....

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Red Sea attacks impacting global trade as more shippers move to dodge Houthis

Iran-backed Houthi rebels' attacks on commercial shipping vessels have caused several companies to flee the area, and the effects of the disruptions are starting to show. ....

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How the Red Sea shipping crisis risks driving up oil prices and inflation

How the Red Sea shipping crisis risks driving up oil prices and inflation
cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.

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Suez Canal closure worries industry but government confident of minimal impact

While there is expectation that global militaries will step in soon and secure the Red Sea and the Suez Canal by the end of the week, a prolonged delay in reusing them may lead to a 30-40 percent rise in cost of transportation ....

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