Oil market appears more localised, as the ongoing Red Sea unrest and rising freight rates made supplies …
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Houthis attacks on Red Sea
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Hapag-Lloyd to offer transits in S. Arabia over Red Sea attacks
by Sama Mousaby Sama MousaGerman shipping giant Hapag-Lloyd will introduce land corridors through Saudi Arabia to mitigate the impact of the …
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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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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 …
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Maersk pauses Red Sea shipping “until further notice”
by Sama Mousaby Sama MousaMaersk announced on Tuesday that it will pause all Red Sea shipping “until further notice,” amid the …
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Denmark’s Maersk announced on Sunday that it is getting ready to start shipping again in the Red …
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Oil prices mixed while Houthis’ attacks on Red Sea continue
by Aya Anwarby Aya AnwarOil prices went up on Tuesday while Houthis’ attacks on navigation movement in the Red Sea continued …