To grasp the importance of the Red Sea, visit Djibouti. Before missiles fired by Yemen’s Houthi rebels reduced cargo shipments by more than two-thirds in 2024, about 12% of global trade passed by the ...
Container ships are avoiding the threat of Houthi attacks in the Red Sea, The New York Times reported. Sailing around Africa extends journeys by up to 10 days and adds significant to fuel costs.
SINGAPORE/CAPE TOWN/LONDON, Jan 18 (Reuters) - The re-routing of a growing number of ships around Africa to avoid potential attacks in the Red Sea is altering refueling patterns and boosting demand ...
[Stay on top of transportation news: Get TTNews in your inbox.] Shipping giant A.P. Moller-Maersk A/S will redirect its vessels to sail south of Africa to avoid the Red Sea conflict area where Houthi ...
COPENHAGEN, Dec 19 (Reuters) - Denmark's Maersk (MAERSKb.CO), opens new tab said on Tuesday its vessels due to sail through the southern Red Sea and the Gulf of Aden would be rerouted around Africa ...
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In this Oct. 23, 2013, photo of A.P. Moller-Maersk's oil rig in the North Sea named Halfdan. Danish shipping group A.P. Moller-Maersk says it will send a cargo vessel through the Russian Arctic for ...
Addis Ababa — PM Abiy said Ethiopia's quest for access to the Red Sea is a legal, historical, geographical and economic issue. Responding to questions raised at the 5th year regular session of the ...