German shipping giant Hapag-Lloyd will introduce land corridors through Saudi Arabia to mitigate the impact of the …
Houthi
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Bunker fuel prices soar amid Red Sea diversions
by Sama Mousaby Sama MousaBunker fuel prices soared in Africa and the Mediterranean amid increasing demand due to the diversions in …
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Tesla Inc. has cut the prices of its Model Y electric vehicle (EV) in Germany, Reuters reported …
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Japan’s NYK suspends Red Sea navigation
by Sama Mousaby Sama MousaJapan’s Nippon Yusen (NYK), the country’s biggest shipper by sales, put on hold Red Sea navigation for …
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Egypt NewsFeatureIndustry & TradeInternational NewsMENA NewsNewsTech/AI
Qatar, Russia divert vessels from Red Sea
by Sama Mousaby Sama MousaQatar and Russia, suppliers of liquefied natural gas, are avoiding the Suez Canal in light of heightened …
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Suzuki halts Hungary plant for 1 week over Red Sea attacks
by Sama Mousaby Sama MousaSuzuki Motor said on Monday it will halt production of its Vitara and S-CROSS in Hungary for …
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Qatar Energy pauses LNG Red Sea shipping amid attacks
by Sama Mousaby Sama MousaQatarEnergy, world’s second largest exporter of liquefied natural gas (LNG), paused Red Sea, a senior source familiar …
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China’s COSCO suspends shipping to Israel amid Houthi attacks
by Sama Mousaby Sama MousaChina’s state-owned and largest shipper COSCO suspended shipping to Israel, Reuters reported on Tuesday, citing Israeli financial …
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Red Sea attracts oil tankers despite Houthi attacks
by Sama Mousaby Sama MousaOil and fuel tankers have continued to navigate the Red Sea despite the ongoing Houthi attacks, a …
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FeatureIndustry & TradeInternational NewsMENA NewsNewsTech/AI
Houthi attacks in Red Sea rise 500% sparking global shipping crisis
by Sama Mousaby Sama MousaThe Houthi attacks in the Red Sea soared by 500 per cent since the outbreak of the …