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Red Sea disruptions to continue into Q3 for shipping companies

Vessels have been diverted since December to avoid hits by Iran-aligned Houthi militants.

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Container Shortage in China Drives Up Freight Rates Again

Geopolitical tensions and shipping imbalances lead to container scarcity

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Yemen's Houthi Rebels Strike Oil Tanker

Houthi rebels launch missile; tanker targeted

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Houthis Threaten Ships in Mediterranean Sea

Houthis warn of attacks on Mediterranean ships.

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Maersk: Red Sea impact reduces Q2 capacity by 15%-20%

These attacks are anticipated to persist at least until the year's end.

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Key trade route for solar modules affected by Red Sea shipping crisis

Solar Module prices go up by 20% due to heightened hostility from Houthi militia

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Indian Diesel Diverts to Asia Amid Houthi Threat

Houthi threat redirects Indian diesel exports, flooding markets in Asia.

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Red Sea crisis sparks concerns for India's trade routes, export costs

Official emphasised rise in transportation costs is a global phenomenon

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Sri Lanka enhances Colombo Port for Red Sea Crisis response

Vessels are now choosing an extended route around Africa.

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UNCTAD reports 45% decline in Suez Canal freight post Houthi attacks

Houthi attacks have heightened uncertainties surrounding the security.

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