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Freight Market Snapshot: Houthi Attacks in Red Sea and Suez Canal News Updates

Freightos

18th, 2023, Source: Marinetraffic Since mid-November multiple ships have been attacked in the Red Sea by Houthi forces in Yemen. This began on November 18th when an Israeli-owned car carrier was hijacked by Houthis – it remains held in Yemen. Live map of Suez Canal and Red Sea, Dec.

Freight 327
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November 21, 2023 Update

Freightos

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.

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This Week in Logistics News (May 4 – May 10)

Logistics Viewpoints

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.

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This Week in Logistics News (January 20 – 26)

Logistics Viewpoints

led coalition has positioned warships in the region to protect commercial vessels and has launched airstrikes on Houthi targets in Yemen, but that hasn’t put a stop to Houthi attacks on vessels. Spot-market rates to ship a container from China to Los Angeles rose 38% in the week through Jan. 18 to $3,860.

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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. .- Bound Shipments, Global Transshipping and Persian Gulf Oil WASHINGTON , Oct. Exiger analyzed shipments traversing the Strait of Hormuz that use the Jebel Ali port.

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Top 8 Industries Affected by The Red Sea Crisis in January 2024

Resilinc

struck more than 60 targets at Houthi positions in Yemen, aiming to halt attacks on merchant ships. imposed sanctions on two companies based in Hong Kong and the United Arab Emirates for their involvement in financing commodity shipments benefiting Yemen’s Houthis. On January 11, the U.S. The next day, the U.S.

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Foreign Adversaries Threaten Critical U.S. Manufacturing Sectors

Exiger Perspectives

Bombing of Yemen, Red Sea Crisis, and Strait of Hormuz Article How AI Transforms Procurement: Takeaways from DPW Amsterdam Client Alert Hurricane Milton Supply Chain Risks The post Foreign Adversaries Threaten Critical U.S.