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Transcripts For BBCNEWS The 20240704

we are tracking hurricane idalia. let s take a look at the map, just to show the scale of what has been happening. there it is moving up towards florida. this morning florida time it hit and now it it has moved on to georgia. we canjust take a look at its path on the graphic here. it started bottom left, the red dot this morning, right now it is closer to the pink dot towards southern georgia and thenit dot towards southern georgia and then it will move on upwards, up towards those yellow dots and out to see in the days ahead. that confirmation we just heard, the worst storm to hit parts of florida in 100 years. take a look at some of the damage, some of the pictures have come in as the winds blow. the rain comes down, of course the risk from the storm surges. so huge amounts of sea water heading inland. lots of destruction, lots of people without power. a quarter of a million people in florida lost power and had it reconnected. another, without power right now. lots of fligh

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Transcripts For BBCNEWS World 20240705

it happened late on tuesday and is the latest in a series of attacks which are prompting major shipping lines to take alternative, longer routes. the international chamber of shipping says that one in five commercial vessels and ships are now avoiding the red sea, which accounts for 12% of global trade. it s led to a near doubling in the cost of container shipping. the attackers say they ll continue to target vessels until palestinians in gaza are allowed sufficient food and medicine. michelle bockmann is principal analyst at the maritime analysts lloyd s list intelligence. thank you for being with us today, michelle. there have been multiple efforts to try and neutralise the threat from these houthi rebels to ships in the area. these latest attacks suggest they are failing. good afternoon. it certainly seems that way at the moment. the us coalition of military support that is meant to be helping that transit through the red sea to the suez canal seems to have failed to deter

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Transcripts For BBCNEWS World 20240705

biggest shipping firms, maersk and hapag lloyd. later today, the un security council is expected to meet and produce a diplomatic response. the red sea accounts for 15 percent of the world s shipping and plays a crucial part in the global supply chain. uk companies have been telling the bbc that shipping delays could push up prices. let s speak now to zvi schreiber, the ceo of freightos, an online marketplace for the international shipping industry based in israel. one in five might not sound that dramatic. is it? well, yes, it s usually dramatic. to put in context, there s about 4.5 million 20 foot containers equivalent going back and forth through the suez canal, and daily this is changing. there s a couple of days of quiet, when they start getting rooted through the suez canal again, getting rooted through the suez canalagain, and getting rooted through the suez canal again, and then there s a rocket attack and ships are either being told to stop and wait till their being

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