Red Sea

The world's first methanol-fueled container vessel Laura Maersk, owned by shipping company Maersk, is seen in Copenhagen, Denmark September 14, 2023. REUTERS/Jacob Gronholt-Pedersen/File Photo
Global Economy

Shipping firms impose extra fees as Red Sea attacks hit global trade

The surcharges, designed to cover longer voyages around Africa compared with routes via the Suez Canal, will add to rising costs for sea transport since Yemen's Houthi militant group started...

Armed men stand on the beach as the Galaxy Leader commercial ship, seized by Yemen's Houthis last month, is anchored off the coast of al-Salif, Yemen on 5 December 2023. Photo: REUTERS
Panorama

Red Sea attacks: How will global trade be affected?

Houthi fighters approach the Galaxy Leader in the Red Sea on 20 November. Photo: Handout/Getty Images
Global Economy

What Houthi Red Sea attacks mean for global trade

File Photo: A ship is docked at the Red Sea port of Hodeidah, Yemen, March 23, 2017. -REUTERS
Global Economy

How will global trade be impacted by Red Sea avoidance?

Washington has repositioned the USS Dwight D. Eisenhower aircraft carrier from the Persian Gulf to the Gulf of AdenImage: Jorge LeBaron/U.S. Navy/abaca/picture alliance
World+Biz

US pushes naval coalition as Yemen rebels vow to attack more ships

The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Houthi Military Media/Handout via REUTERS/File Photo
World+Biz

Red Sea attacks force rerouting of vessels, disrupting supply chains

A BP logo at a petrol station in London, Britain January 15, 2015. Photo: Reuters
World+Biz

BP suspends Red Sea shipping transits after attacks

The U.S. Navy Arleigh Burke-class guided-missile destroyer USS Carney transits the Suez Canal, Egypt October 18, 2023. U.S. Navy/Mass Communication Specialist 2nd Class Aaron Lau/Handout via REUTERS/File Photo
RMG

Another alert for Bangladesh RMG exports as shippers suspend operations on Suez Canal

A container ship which was hit by strong wind and ran aground is pictured in Suez Canal, Egypt March 24, 2021. SUEZ CANAL AUTHORITY/Handout via REUTERS
Middle East

Shipping firms to avoid Suez Canal as Red Sea attacks increase

File Photo: A ship is docked at the Red Sea port of Hodeidah, Yemen, March 23, 2017. -REUTERS
World+Biz

Yemen's Houthis in Oman-mediated talks over Red Sea 'operations'

Open regionalization beckons.Photographer: Tim Rue/Bloomberg via Getty Images/Bloomberg
Bloomberg Special

Shipping giants pause Red Sea route as Houthi attacks intensify

The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Houthi Military Media/Handout via REUTERS
Middle East

Two ships divert course away from Red Sea area after vessel seized by Houthis

Houthi fighters ride on the back of a patrol truck as they secure the site of a pro-Houthi tribal gathering in a rural area near Sanaa, Yemen July 21, 2016. Reuters File Photo
World+Biz

Yemen rebels say they seized Israeli vessel, Israel denies