SELECT LANGUAGE BELOW

Houthi Red Sea Attacks Send Shipping Costs Soaring over 300%

The Shanghai Container Freight Index (SCFI), a leading indicator of global freight costs, recorded a cost per container of $3,101 on Friday. This is an increase of about 310 percent since Yemen's Iranian-backed Houthi terrorists began attacking cargo ships in the Red Sea. . The SCFI price for a 20-foot shipping container was $2,871 last […]

Houthis Claim Global Shipping ‘Is Safe,’ then Vow to Continue Red Sea Attacks

The Iranian-backed Houthi terrorist group in Yemen vowed on Wednesday to continue attacks on international shipping in the Red Sea, but would only target vessels linked to Israel and said it would “continue to attack ships in the Red Sea and Arabian Sea.” International navigation is safe.” ” The Houthis, a Shiite jihadist group that […]

Navy on Defence as Houthis Launch Largest Attack on Shipping Yet

U.S. and British warships and aircraft shot down “the largest attack ever by the Iranian-backed Houthis in the Red Sea” overnight, shooting down every drone, cruise missile, and ballistic missile, and causing damage to warships and commercial ships. Prevented. On the night of January 9, 18 “suicide” drones, two anti-ship cruise missiles and one anti-ship […]

Shipping Giant to Avoid Red Sea for ‘Foreseeable Future’

Shipping giant Maersk said on Friday it would no longer use the Red Sea and Suez Canal “for the time being” and would divert all ships around Africa following attacks on commercial ships by Yemeni rebels. Danish companies cited a highly volatile situation and noted that security risks remain high. “We have therefore decided that […]

Israel-Hamas war threatens global shipping as risk of wider conflict intensifies

Shipping companies are diverting cargo from the Red Sea as Yemen's continued siege of Gaza intensifies attacks by Houthi rebels. Attacks by the Houthi rebels, officially known as Ansar Allah, are now sparking conflicts in other parts of the Middle East, with U.S. diplomats moving to reassure allies and prevent a broader conflict. ing. “If […]

Shipping giant Maersk pauses operations through Red Sea again after Houthi attack

Danish shipping giant Maersk is once again suspending operations in the Red Sea following an attack on one of its ships by Iranian-backed Houthi rebels on Sunday. Maersk said on Tuesday. recommendation It announced it would suspend Red Sea navigation until further notice and continue to direct ships to Africa and the Cape of Good […]

Iran Warship Enters Increasingly Contested Red Sea Shipping Lanes

Tehran said on Monday it had sent warships to the hotly contested Red Sea waters as other countries' navies worked to thwart attacks by Iran-backed Houthi terrorists. Semi-official Tasnim news agency report Iranian frigate alborz It was completed and released by the British company Vickers in 1969., The national flag will be hoisted along major […]