Sun, Jan 28, 2024
Jan Hoffmann, the agency's head of trade logistics, said there were now three key global trade routes disrupted, following Russia's invasion of Ukraine and the Panama Canal, where low water levels from drought meant shipping last month was down 36 per cent year-on-year and 62 per cent from two years ago, Sky News reported.
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Mon, Jan 01, 2024
Red Sea attack: The naval battle occurred around 0330 GMT on Sunday as the attackers sought to board the Singapore-flagged Maersk Hangzhou, Maersk and U.S. Central Command (CENTCOM) said.
Mon, Dec 18, 2023
Egypt's Suez Canal authority said on Sunday it was closely monitoring the impact of tensions in the Red Sea after recent attacks by Yemen's Houthis on vessels in the southern part of the basin, a Reuters report said.
The Liberian-flagged MSC Palatium III was attacked on Friday with a drone in the Bab al-Mandab Strait off Yemen, at the southern end of the Red Sea, according to the Houthis.
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