Shipping firms avoid Red Sea as Houthi attacks increase ...Iraq

Shafaq News/ Houthis in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinians as Israel continues to bomb Gaza heavily, killing nearly 20 thousand people since the notorious October 7 attack by Hamas. The attacks, targeting a route that allows East-West trade, especially of oil, to use the Suez Canal to save the time and expense of circumnavigating Africa, have pushed some shipping companies to re-route vessels to avoid the area. Below are companies (in alphabetical order) that are considering or have decided to pause shipping via the Red Sea, according to Reuters: BP Oil major BP on Dec. 18 said it had temporarily paused all transits t

Hence then, the article about shipping firms avoid red sea as houthi attacks increase was published today ( Monday 18/12/2023 - 07:40 PM ) and is available on SHAFAQ NEWS ( Iraq ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Shipping firms avoid Red Sea as Houthi attacks increase )

Also on site :

• World Cup could deliver £7.6bn boost to UK economy – but ‘sickies’ may cost billions in lost productivity
• Adidas’ ‘Plush’ $23 Slides at Amazon Are ‘Soft Like a Cloud’ and They ‘Massage Your Feet While Walking’
• Japan’s central bank raises interest rates to highest level since 1995