The ongoing ripple effects of Red Sea shipping disruptions
WEBJul 9, 2024 · Over six months have passed since the Red Sea tensions began, and the ripple effects on maritime shipping and global supply chains have intensified. Ships continue to be temporarily diverted around the Cape of Good Hope, significantly increasing transit times and operational costs.
Red Sea crisis: What it takes to reroute the world's biggest ... - BBC
WEBJan 21, 2024 · Hundreds of cargo ships are being rerouted around the southern tip of Africa to avoid Houthi attacks in the Red Sea. But just how easy is it to divert the world's biggest ships?
Red Sea crisis: The shipping industry is sounding the alarm as …
WEBJun 20, 2024 · Leading shipping groups have urged governments “with influence” to put a stop to Houthi attacks on vessels in the Red Sea after a second freighter sank this week.
Navigating troubled waters: The Red Sea shipping crisis and its …
WEBMay 16, 2024 · The Red Sea, a critical conduit for 30% of the world's container traffic, is currently facing a shipping crisis of unprecedented scale.
The Impacts of the Red Sea Shipping Crisis | J.P. Morgan
WEBFeb 8, 2024 · The Red Sea shipping crisis — a result of Houthi rebel attacks on cargo ships and tankers — is causing hundreds of vessels to avoid the Suez Canal, one of the world’s most important waterways.
The long shadow of the Red Sea shipping disruption
WEBJan 8, 2024 · Attacks on ships in the red sea exposed risks around international commerce. Policymakers must build a resilient shipping ecosystem.
Red Sea Shipping Crisis - eversheds-sutherland.com
WEBFeb 21, 2024 · The recent attacks by Houthi rebels on commercial vessels in the Red Sea and the Bab el-Mandeb Strait, a vital passage to the Suez Canal, have posed serious challenges for global shipping. As a result, increasing numbers of shipping operators are unwilling to transit through the Red Sea and Suez …
Red Sea crisis: How global trade is being upended by attacks on ... - CNN
WEBFeb 8, 2024 · Attacks on container ships in the Red Sea have wreaked havoc on one of the world’s most important trade routes, increasing shipping costs and raising inflation fears. Here’s what you need to...
Two maps show why shipping firms are suspending routes in the Red Sea
WEBDec 16, 2023 · The Red Sea is defined by two narrow waterways: to the north, the Suez Canal, an Egyptian waterway; and to the south, the Bab el-Mandeb Strait. The strait is only 20 miles wide and is bordered...
Red Sea shipping disruptions could be avoided in the future by …
WEBJan 19, 2024 · The Suez canal, a waterway that connects the Mediterranean Sea to the Red Sea, was blocked for six days in 2021 after a container ship called the Ever Given ran aground, disrupting billions...