Oil prices are up and stocks are down, as investors fear a potential wider regional conflict.
Category: Suez Canal
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Red Sea Remains No-Go for Ships Despite Cease-Fire With Houthis
Traffic through the Suez Canal is down about 60 percent since 2023, even after Trump-ordered attacks on the Houthis and now a cease-fire.
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Why the Shipping Industry Isn’t Rushing Back to the Red Sea
The companies that operate large container ships say they plan to keep going around Africa as violence flares in the region.
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More Ships May Return to the Red Sea if Houthis Hold Their Fire
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.
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More Ships May Return to the Red Sea if Houthis Hold Their Fire
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.
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Houthi Attacks Continue to Disrupt Shipping Industry As Israel-Hamas War Rages On
The transport route around the southern tip of Africa was once little used — but freighters are now forced to take it and are charging higher rates.
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Maersk Says Expanded Houthi Attacks Are Forcing More Delays
The shipping company said the militia had recently tried to attack ships further from the shores of Yemen, putting more strain on logistics.
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New Freighters Could Ease Red Sea Cargo Disruptions
Analysts and shipping executives say the expect costs to fall later this year as companies receive vessels they ordered two to three years ago.
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What Business Leaders Are Saying About the Red Sea Attacks
The Houthi attacks on commercial ships are driving up freight costs and adding delays to journeys, with some companies affected more than others.
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Shipping Costs Soar in Wake of Red Sea Attacks
Ships risking Houthi attacks must pay high insurance premiums, while vessels avoiding the region lose time going around Africa.
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War Has Already Hurt the Economies of Israel’s Nearest Neighbors
The impact on global growth of the Middle East violence has so far been contained. That’s not the case for Egypt, Lebanon and Jordan, which were already struggling.