Shipping
Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order
Shipping giants CMA CGM and Hapag-Lloyd have suspended all bookings to and from Cuba until further notice, they said separately on Sunday, with both citing a US executive order issued on May 1.
CS Anthem chemical tanker was second US-flagged vessel to exit Strait of Hormuz
European freight firms benefit from war-driven supply chain disruption
Iran-linked ships drive traffic through Strait of Hormuz, ship tracking data shows
Iran causes crisis with drone threat, from Red Sea to Indian Ocean
Iran backs the Houthis in attacks on ships and expands the area it threatens.
Ensuring the safety of Israeli port workers from Houthi attacks
The Israel Institute for Occupational Safety and Hygiene (IIOSH) of the National Insurance Institute has released guidelines on how to maintain the safety of port workers during times of war.
The Houthis are just pawns, the coalition must reach their masters
It will not be enough to attack the troops, arms, and vessels that the Houthis unleash on global commerce.
Israel-affiliated merchant vessel hit by Iranian drone off India
The incident follows drone and missile attacks in the Red Sea by Iran-backed Houthis on commercial shipping.
Shipping firms impose extra fees as Red Sea attacks hit global trade
Cancellations and rate increases are expected to continue into the first quarter, recommends customers book 4-6 weeks in advance to ensure space on vessels.
More ships to avoid Red Sea as attacks disrupt world trade
The Houthi leader has meanwhile threatened to escalate attacks to include US naval ships, raising the prospect of a wider conflict around the Bab al-Mandab strait.
Israel's Eilat Port sees 85% drop in activity amid Red Sea Houthi attacks
Without Bab al-Mandab "you close the main shipping artery to Eilat Port. And therefore we lost 85% of total activity," CEO Gideon Golber told Reuters.
Israel's Eilat Port sees 85% drop in activity amid Red Sea Houthi attacks
Eilat, which sits adjacent to Jordan's only coastal access point at Aqaba, offers Israel a gateway to the East without the need to navigate the Suez Canal.
Houthi threats prompt shipping companies to rethink Suez Canal use
If all traffic in the Suez Canal stopped, Egypt would lose about $13 million daily, disrupting its main foreign currency income.
Shippers mask positions, weigh options amid Red Sea attacks
As a safety precaution, some vessels are attempting to mask their positions by pinging on other locations when entering the Yemen coastline, said senior freight analyst at Vortexa.