Freightos

DECEMBER 6, 2023

The Suez is facing a different set of challenges though, as Houthis in Yemen attacked three more vessels – two bulk carriers, and an OOCL container vessel they determined to have links to Israeli-ownership – and a US Navy ship on Sunday. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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Freightos

FEBRUARY 28, 2024

US and UK strikes on Houthi positions continued last week as well, and the US Federal Maritime Commission is considering implementing maritime sanctions on Yemen as an additional measure. In air cargo, though rates out of Asia and the Middle East were level or easing on most lanes last week, Freightos Air Index data shows China – N.

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Freightos

JANUARY 3, 2024

Dive deeper into freight data that matters Stay in the know in the now with instant freight data reporting Sign up for Free Analysis Even with the US-led international naval task force in place, Houthi attacks on commercial vessels continued last week including a missile attack and attempted hijacking of a Maersk container ship on Saturday.

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Freightos

JANUARY 10, 2024

The diversions are leading to higher costs for carriers using more fuel and more ships for the longer journeys around the south of Africa, and higher container rates for shippers. Longer ocean transits are expected to push some volumes to air cargo. Freight news travels faster than cargo Get industry-leading insights in your inbox.

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Logistics Middle East

MAY 13, 2015

Iran sends warships to escort cargo ship into US and Saudi controlled waters off Yemen

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Logistics Middle East

APRIL 4, 2015

Yemen flagged cargo ships issue distress calls on way from Oman to Alang in rough seas'

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Logistics Middle East

MAY 20, 2015

Yemeni media claim Saudi jets have launched airstrikes on UNICEF ships, but the agency has not responded to these reports.

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Logistics Viewpoints

MARCH 15, 2024

The tolls that ships pay are now around eight times more expensive than normal. Ship operators fear that their crews could be imperiled on the journeys through the Red Sea by missile or drone attacks from a Yemen-based rebel group. Cargo volumes through the Suez and Panama canals have plunged by more than a third.

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Freightos

NOVEMBER 21, 2023

Though Israel’s war with Hamas has so far not had much impact on ocean logistics , Houthis from Yemen, after threatening to target Israeli ships, hijacked a car carrier vessel in the Red Sea with ties to Israeli owners this week, raising concerns of broader supply chain impacts from the war. Transatlantic rates increased 9% to $2.00/kg

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Resilinc

JANUARY 15, 2024

The latest updates on shipping delays in the Red Sea in January 2024, including which businesses and industries have been impacted. This response is driven by ongoing threats to crew and cargo safety, necessitating the rerouting of ships around the Cape of Good Hope, resulting in substantial delays and escalated shipping costs.

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BlueYonder

FEBRUARY 1, 2024

Since mid-November, Houthi rebels in Yemen have intensified their assaults on commercial shipping vessels navigating through the lower Red Sea, in response to situation in Gaza. Reacting to the situation, ocean cargo rates have surged.

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BlueYonder

FEBRUARY 1, 2024

Since mid-November, Houthi rebels in Yemen have intensified their assaults on commercial shipping vessels navigating through the lower Red Sea, in response to the situation in Gaza. Reacting to the situation, ocean cargo rates have surged.

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Enterra Insights

FEBRUARY 20, 2024

That means maritime shipping lies at the very heart of the global logistical system. At the time, Ron Widdows , former chairman of the World Shipping Council, reported that piracy was costing “the global shipping industry anywhere from $3.5 Nearly 90 per cent of global trade is carried by sea-going vessels.

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Logistics Viewpoints

MARCH 1, 2024

hit 18 Houthi targets in Yemen on Saturday in response to a recent surge in attacks by the Iran-backed militants on ships in the Red Sea and the Gulf of Aden. The bombings focused on military targest in eight locations in Houthi-controlled areas in Yemen, the U.S. The next time a leap year will be skipped is the year 2100.

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Operations and Supply Chain Management

DECEMBER 21, 2023

Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen. It has forced a number of companies to re-route cargo around Africa’s Cape of Good Hope, adding days to journeys. But one major shipping firm claimed the disruption will not lead to empty shelves in shops.

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Logistics Viewpoints

JANUARY 5, 2024

Yemen-based Houthi militants have been attacking high-value cargo vessels in the Red Sea since November in a show of support for Palestinian Islamist group Hamas fighting Israel in Gaza. And now on to this week’s logistics news.

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Logistics Viewpoints

MAY 10, 2024

Global shipping lines have become increasingly strained as the Houthi militia in Yemen broadens its attacks on cargo vessels, one of the largest companies in the industry warned on Monday. But in recent weeks, the Houthis have been trying to strike ships making that longer journey in the Indian Ocean.

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Logistics Viewpoints

JANUARY 19, 2024

In the past weeks, ocean freight rates have risen as much as $10,000 per 40-foot container, as container ships seeking to avoid the attacks embarked on long detours around the Cape of Good Hope in South Africa, diverting more than $200 billion of cargo away from the critical trade artery. And now on to this week’s logistics news.

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Logistics Viewpoints

APRIL 19, 2024

cargo imports in May could hit highest level since last October Transloading is heating up again Hundreds of cargo ships lost propulsion in U.S. Recycled bags will be processed into raw materials that can be used to make things like shipping pallets and outdoor furniture, Walmart said.

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