Red Sea unrest sends freight rates skyrocketing – media — RT Business News

Red Sea unrest sends freight rates skyrocketing – media — RT Business News

Source link Asia-to-Europe shipping prices have doubled as logistics giants are forced to reroute cargos around the southern tip of Africa Container freight rates are surging as attacks by Yemen-based Houthi rebels on cargo ships in the Red Sea have forced shipping giants to send vessels around southern Africa’s Cape of Good Hope, Reuters reported […]

Shipping giants divert vessels from Red Sea after another attack — RT Business News

Shipping giants divert vessels from Red Sea after another attack — RT Business News

Source link A Singapore-flagged containership, Maersk Hangzhou, was struck by a Houthi missile fired from Yemen on Saturday Two global shipping firms, Denmark’s AP Moller-Maersk and Germany’s Hapag-Lloyd, have extended the halt to their vessels’ passages through the Red Sea and Suez Canal, citing security risks, according to the companies’ statements. Maersk initially halted all […]

Iran deploys navy to Red Sea – state media — RT World News

Iran deploys navy to Red Sea – state media — RT World News

Source link The development comes amid a US-led operation against Yemen’s Houthi militants, who have been attacking commercial ships recently Iran’s Alborz destroyer crossed the Bab-el-Mandeb Strait and entered the Red Sea on Monday, the country’s state-run IRNA and Tasnim news agencies have reported. The deployment followed a deadly encounter between US warships and Yemen’s […]

Houthi missile hits containership in Red Sea – Pentagon — RT World News

Houthi missile hits containership in Red Sea – Pentagon — RT World News

Source link The attack targeted a Singapore-flagged vessel owned and operated by Denmark, US Central Command has claimed A commercial ship was struck by a Houthi missile fired from Yemen as it passed through the Southern Red Sea on Saturday, the US Central Command (CENTCOM) has said. It added that two more missiles were shot […]

US allies waver on joining Red Sea task force – Reuters — RT World News

US allies waver on joining Red Sea task force – Reuters — RT World News

Source link Several members of the US-led effort to protect ships from Houthi attacks have yet to confirm their participation, the agency says Several US allies are withholding their support for a maritime coalition aimed at protecting shipping routes in the Red Sea from attacks by Houthi militants in Yemen, Reuters has reported. When the […]

Yemen’s Houthis claim another Red Sea ship attack — RT World News

Yemen’s Houthis claim another Red Sea ship attack — RT World News

Source link Yemen’s Houthis said on Tuesday that they fired missiles at a cargo ship in the waters of the Red Sea, after it ignored repeated warning messages. The Houthis have been shooting at “Israeli-linked” vessels for weeks. MSC Mediterranean Shipping Company confirmed that one of their vessels came under fire and identified it as […]

Shipping giant to resume Red Sea operations — RT Business News

Shipping giant to resume Red Sea operations — RT Business News

Source link Maersk previously halted cargo deliveries in the region following Houthi attacks on ships Dutch shipping major AP Moller-Maersk plans to restart shipments through the Red Sea after a pause earlier this month, following attacks on vessels by Houthi rebels, the company announced on Sunday. According to a statement, Maersk expects the route to […]

UN official fired for corruption takes over Red Cross — RT World News

UN official fired for corruption takes over Red Cross — RT World News

Source link Pierre Krahenbuhl was accused of spending UN money to take his married girlfriend traveling The Red Cross announced on Friday that Pierre Krahenbuhl will take over as director-general of the organization. Krahenbuhl previously led the UN’s agency for Palestinian refugees until he was ousted amid allegations of sexual misconduct, nepotism, and other abuses […]

Red Sea crisis runs risks of new inflation — RT Business News

Red Sea crisis runs risks of new inflation — RT Business News

Source link Big brands have warned about supply shortages due to the shipping disruption through the Suez Canal The disruption of cargo ships in the Red Sea due to attacks by Houthi militants from Yemen is causing global shippers to redirect vessels, potentially leading to increased prices for goods. Swedish furniture giant IKEA announced this […]

Billions in cargo diverted amid Red Sea disruptions – CNBC — RT Business News

Billions in cargo diverted amid Red Sea disruptions – CNBC — RT Business News

Source link The uncertainty over the key route linking Asia and Europe threatens global supply chains Shipping companies have redirected about $35 billion worth of cargo away from the Red Sea amid the risk of attacks from Houthi militants in Yemen, CNBC reported this week. According to the report, there are currently 57 container vessels […]

Amsterdam plans to move ‘red light district’ — RT World News

Amsterdam plans to move ‘red light district’ — RT World News

Source link Residents and sex workers alike have opposed plans to develop a purpose-built ‘Erotic Center’ in the Dutch city Officials in Amsterdam have revealed plans to relocate its infamous ‘red light district’ to an ‘Erotic Center’ in the city’s south as part of a proposal intended to rid the area of its debauched image […]

India sends warships to Yemen’s coast amid Red Sea tensions — RT India

India sends warships to Yemen’s coast amid Red Sea tensions — RT India

Source link The two guided missile destroyers were tasked with patrolling the waters near Aden amid disruptions involving Houthi rebels India has reportedly deployed two naval destroyers in the Gulf of Aden, which connects the Red Sea in the West with the Arabian Sea in the East, as part of maritime security and anti-piracy operations. […]

More oil shippers halt passage via Red Sea due to rebel attacks — RT Business News

More oil shippers halt passage via Red Sea due to rebel attacks — RT Business News

Source link British energy giant BP is temporarily suspending all crude shipments through the Red Sea due to recent attacks in the region, joining other major freight firms in the move, the company announced on Monday. In its statement, BP cited the “deteriorating security situation” as Yemen-based Houthi rebels have targeted ships traversing the area […]