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Red Sea and Suez Canal Shipping Crisis Update

Freightos

More Resources Home Red Sea and Suez Canal Shipping Crisis Update Judah Levine Optimize your logistics tendering, vendor selection, negotiations, and procurement with Freightos Data Book a Demo Even with an international naval force in place, Houthi attacks on commercial vessels in the Red Sea continue.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

Global shipping prices are continuing to rise as Houthi rebels keep up attacks on cargo vessels in and around the Red Sea. The disruptions are at a key point for ships passing through the Suez Canal and are creating ripples across supply chains in Europe and the U.S., And now on to this week’s logistics news. East Coast. 18 to $3,860.

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U.S.-Owned Cargo Ship Near Yemen Hit by Missile

Supply Chain Brain

The situation is even causing a rise in demand for shipping containers in Asia as shippers and forwarders foresee cargo demand in the coming weeks.

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Exiger’s Technology Forecasts Merchandise, Textiles and Luxury Goods Most Vulnerable to Potential Strait of Hormuz Blockade

Exiger Perspectives

strike on weapons storage facilities in Yemen , there is increasing concern about how a disruption to this trade route could impact the global economy. the transfer of goods between ships). .- Bound Shipments, Global Transshipping and Persian Gulf Oil WASHINGTON , Oct.

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10 Disruptive Issues in the Supply Chain

American Global Logistics

Persistent Red Sea Risks Continue to Disrupt Critical Trade Route The ongoing conflict in Yemen has created several shipping risks in the Red Sea. In particular, there is a risk of Houthi rebels laying mines in the shipping lanes. That's a hard-to-prevent risk that could damage or sink ships.

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U.S. May Revoke Houthi Terrorist Label If They Stop Red Sea Ship Attacks

Supply Chain Brain

“My hope is that we can find diplomatic off-ramps,” President Joe Biden’s special envoy for Yemen told reporters in a press briefing.

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Two Cargo Ships Attacked by Houthis in Red Sea

Supply Chain Brain

Both December 15 attacks, one missile-based and the other drone-based, came from a part of Yemen controlled by the Houthi rebel movement.

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