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Transcripts For BBCNEWS The 20240706

this is all because of rebels in yemen are firing attacking ships. these are houthi rebels that support hamas. this at one of the world s busiest shipping routes. bbc verify explains. a, busiest shipping routes. bbc verify exlains. ., ., ., , explains. a month ago, this was hi acked. successfully capturing the galaxy leader cargo ship in the red sea. now, the group supports hamas and they say they re targeting all ships with ownership links to israel as well as any shipping going in or out of israeli ports. and the houthi group still has that boat. so we spotted it here on satellite imagery off the coast of yemen. now, this is the best image we have from satellite image provider planet. and it was taken on wednesday last week. now, these attacks are huge problem for big companies because this region is crucial to global trade. so, the red sea is one of the world s most important routes for oil and fuel shipments. now, any ship passing through suez to orfrom the indian ocean

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Transcripts For BBCNEWS World 20240706

of solidarity for hamas. as a result, some of the world s biggest shipping firms have suspended services through the world s most important route for oil and fuel shipments. with more context, here s our business reporter david waddell. let s have a look at the geography of the situation. right here is the bab al mandab strait. it s right next to yemen, from where those houthi attacks originated. it s at the southern end of the red sea. at the northern end is the suez canal. now, ships cannot pass through the suez canal from the south without first passing through this choke point. a couple of days ago, the maersk shipping container company and hapag lloyd both announced they wouldn t be making that transit. they ve since been joined by other shipping companies. now, if you re a ship master trying to get your vessel from the indian ocean to the atlantic ocean and you cannot or will not traverse through suez, you need to pass by the cape of good hope. that adds an extra 3,000

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Transcripts For BBCNEWS World 20240706

song all day. we begin in egypt where officials insist traffic is flowing normally through the suez canal despite recent attacks further south in the red sea. iranian backed rebels in yemen have repeatedly targeted commercial vessels, leading some of the world s biggest shipping firms to suspend routes in the area. with more context, here s our business reporter david waddell. let us have a look at the situation. there are where the attacks occurred. at the northern end is the suez canal. you can t make your way unless you first pass this checkpoint. two companies. maersk, the container company and hapag lloyd another big shipping container company have both announced that they would not be making that passage. you have to pass the cape of good hope in south africa. that adds nearly 11,000 nautical miles to thejourney. adds nearly 11,000 nautical miles to the journey. there is another separate issue for the ships trying to traverse through the atlantic ocean and the pacific o

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Transcripts For BBCNEWS World 20240706

business reporter david waddell. let s have a look at the geography of the situation. right here is the bab al mandab strait. it s right next to yemen, from where those houthi attacks originated. it s at the southern end of the red sea. at the northern end is the suez canal. now, ships cannot pass through the suez canal from the south without first passing through this choke point. a couple of days ago, the maersk shipping container company and hapag lloyd both announced they wouldn t be making that transit. they ve since been joined by other shipping companies. now, if you re a ship master trying to get your vessel from the indian ocean to the atlantic ocean and you cannot or will not traverse through suez, you need to pass by the cape of good hope. that adds an extra 3,000 nautical miles to thejourney. and there are other issues for ships trying to traverse from the atlantic to the pacific ocean through here. the panama canal is accepting many fewer ships right now because

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