Red Sea Conflict Earlier last week, the Houthis conducted their first ship strike in 18 days, resulting in three explosions reported near a bulk carrier navigating the Bab el-Mandeb Strait, near the Red Sea. Additionally, a new, unreleased study by a panel of Yemen experts for the United Nations Security Council has documented that Houthis […]

Global Shipping Crisis Deepens as Red Sea Tensions Continue to Escalate Shippers Fearful Amidst Container Shortage and Disruption in Supply Chains January 25th, 2024 In the wake of the ongoing Red Sea crisis, global shipping faces heightened uncertainty, leaving shippers increasingly anxious about the availability of empty containers. This potential supply chain headache, reminiscent of […]

Global Shipping Giants Navigate Challenges Amidst Escalating Red Sea Crisis Date: January 4, 2024 In the wake of escalating tensions and security threats in the Red Sea, major shipping companies are grappling with critical decisions to ensure the safety of their vessels and crews. The crisis, marked by recent attacks on container ships, has prompted […]

Red Sea / Suez Canal Shipping Crisis Major Shipping Companies Suspend Operations and Reroute Vessels December 21, 2023 In a significant escalation of tensions, Yemen’s Houthi militia has expanded its threats to target ships sailing to Israel, causing disruptions and raising security concerns in the crucial Red Sea region. Recent attacks in the Bab–el–Mandeb  Strait […]