{"id":612285,"date":"2023-12-20T00:00:00","date_gmt":"2023-12-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/"},"modified":"2023-12-20T00:00:00","modified_gmt":"2023-12-20T00:00:00","slug":"the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/","title":{"rendered":"The Red Sea looks like a spooky scene from a Pirates of the Caribbean film"},"content":{"rendered":"

Shipping companies are moving to alternatives to the Suez Canal: <\/strong>Maersk<\/a>, the world\u2019s second-largest container shipping fleet operator and a prominent player in the Egyptian market, has become the latest in a list<\/a> of shipping companies to say that it is rerouting its vessels away from the Red Sea. Maersk had initially asked its vessels en route to the Red Sea to drop anchor and wait, but has taken more drastic measures in response to repeated attacks on shipping by Houthi armed groups in Yemen. <\/p>\n

What\u2019s the alternative? <\/strong>Some vessels will now sail around the Cape of Good Hope rather than use the Suez Canal. <\/p>\n

There\u2019s a cost to a longer route:<\/strong> Going around Africa and past the Cape of Good Hope adds over 5k kms to the journey between Asia and Europe, which means an additional USD<\/a>1 mn<\/a>in fuel costs<\/a>, one analyst says \u2014 a move which could raise oil price by up to USD 4 a barrel, according to Goldman Sachs<\/a>. <\/p>\n

This could mean a major shake up for the global economy: <\/strong>Inflation will spiral on the back of higher global freight and oil prices and, potentially, kinks in the supply chain. That risks reigniting inflation worries in the US Federal Reserve right after it gave us hope of upcoming rate cuts<\/a> on the back of cooling inflation. <\/p>\n

Re-routing is more drastic than a pause: <\/strong>A number of the world\u2019s largest shipping companies<\/a> last week said they were pausing Red Sea transit due to the repeated attacks by Houthi groups in Yemen. It\u2019s a strategy that oil giants<\/a> then followed.<\/p>\n

The numbers speak for themselves: <\/strong>The number of ships crossing the Red Sea, en route to and from the Suez Canal, has dipped 36% m-o-m, according to MariTrace data cited by the Financial Times<\/a>. Last night, there were 210 ships crossing the Red Sea in \u201cone of the biggest changes in international trading routes\u201d since the Russia-Ukraine war. At least 57 container vessels are currently taking the Cape of Good Hope rather than crossing the Suez Canal, transport company Kuehne+Nagel\u2019s Paolo Montrone told CNBC<\/a>, pointing the combined value being carried by those ships at some USD 35 bn. <\/p>\n

Market reaction:<\/strong> The Solactive Global Shipping Index \u2014 tracking the value of 47 maritime companies \u2014 soared to an all-time high<\/a>. The index rose 11% over the last week. Both Brent and US crude futures were up overnight. <\/p>\n

KSA, UAE disagree over how the US should react<\/strong>, Bloomberg<\/a> reports, citing people it says are familiar with the matter. Saudi Arabia and the UAE, key players in Yemen\u2019s civil war, back different factions and pursue distinct strategies against the Houthis. While the UAE prefers the US take military action, Riyadh is leaning towards a measured approach, fearing that escalation could endanger a fragile truce and ceasefire negotiations in Yemen.<\/p>\n

The Houthis refuse to back down: <\/strong>\u201cOur position will not change in the direction of the Palestinian issue, whether a naval alliance is established or not,\u201d Houthi official Mohammed Abdulsalam told Reuters<\/a>. His statement comes in response to the recently-announced US-backed maritime task force<\/strong> to ensure vessels passing through the Red Sea are safe from Houthi attacks \u2013 dubbed Operation Prosperity Guardian. <\/p>\n

Shoukry weighs in:<\/strong> Foreign Minister Sameh Shoukry addressed the issue during a phone call with US State Secretary Antony Blinken, during which he addressed the necessity to ensure safe navigation across the Red Sea so that international trade is not disrupted, according to a Foreign Ministry readout<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Vessels will now make their trips through the Cape of Good Hope<\/p>\n","protected":false},"author":1,"featured_media":612286,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8237],"tags":[72,145,7103],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-612285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics","tag-enterpriseam","tag-logistics","tag-suez-canal","wpautop","entry"],"acf":{"mongo_id":"79b444eb-b4ee-45cc-a0da-19e51a3e80dc","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/1358.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Ships reroute away from the Red Sea, Suez Canal amid continued Houthi attacks","related_issue":[612278],"teaser":"Vessels will now make their trips through the Cape of Good Hope","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.4fd43f60-fe60-4abc-a468-6b7718fa4446.mp3"},"yoast_head":"\nThe Red Sea looks like a spooky scene from a Pirates of the Caribbean film - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Red Sea looks like a spooky scene from a Pirates of the Caribbean film\" \/>\n<meta property=\"og:description\" content=\"Vessels will now make their trips through the Cape of Good Hope\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-20T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"The Red Sea looks like a spooky scene from a Pirates of the Caribbean film\",\"datePublished\":\"2023-12-20T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/\"},\"wordCount\":590,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"logistics\",\"Suez Canal\"],\"articleSection\":[\"Logistics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/\",\"name\":\"The Red Sea looks like a spooky scene from a Pirates of the Caribbean film - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-12-20T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Red Sea looks like a spooky scene from a Pirates of the Caribbean film\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"The Red Sea looks like a spooky scene from a Pirates of the Caribbean film - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/","og_locale":"en_US","og_type":"article","og_title":"The Red Sea looks like a spooky scene from a Pirates of the Caribbean film","og_description":"Vessels will now make their trips through the Cape of Good Hope","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-12-20T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"The Red Sea looks like a spooky scene from a Pirates of the Caribbean film","datePublished":"2023-12-20T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/"},"wordCount":590,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","logistics","Suez Canal"],"articleSection":["Logistics"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/","name":"The Red Sea looks like a spooky scene from a Pirates of the Caribbean film - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?fit=%2C&ssl=1","datePublished":"2023-12-20T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/20\/the-red-sea-looks-like-a-spooky-scene-from-a-pirates-of-the-caribbean-film\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"The Red Sea looks like a spooky scene from a Pirates of the Caribbean film"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1358.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":612788,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/02\/maersk-once-again-pauses-red-sea-traffic-after-another-houthi-attack\/","url_meta":{"origin":612285,"position":0},"title":"Maersk once again pauses Red Sea traffic after another Houthi attack","author":"enterpriseam admin","date":"2 January 2024","format":false,"excerpt":"US navy helicopters stepped in to retaliate, sinking three Houthi vessels and killing 10 militants","rel":"","context":"In "Logistics"","block_context":{"text":"Logistics","link":"https:\/\/enterpriseam.com\/egypt\/category\/logistics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/76.JPG?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":612037,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/17\/worlds-largest-shipping-firms-pause-red-sea-transit\/","url_meta":{"origin":612285,"position":1},"title":"World\u2019s largest shipping firms pause Red Sea transit","author":"enterpriseam admin","date":"17 December 2023","format":false,"excerpt":"The move will likely push the price of freight globally, pushing global inflation with it","rel":"","context":"In \"CMA CGM\"","block_context":{"text":"CMA CGM","link":"https:\/\/enterpriseam.com\/egypt\/tag\/cma-cgm\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1047.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":613139,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/01\/09\/chinese-shipping-giant-cosco-suspends-all-shipping-to-israel-amid-houthi-attacks\/","url_meta":{"origin":612285,"position":2},"title":"Chinese shipping giant Cosco suspends all shipping to Israel amid Houthi attacks","author":"enterpriseam admin","date":"9 January 2024","format":false,"excerpt":"Cosco is the fourth largest shipping company in the world","rel":"","context":"In "RED SEA WATCH"","block_context":{"text":"RED SEA WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/red-sea-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/502.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":660218,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/09\/maersk-doesnt-see-red-sea-traffic-picking-up-before-mid-2025\/","url_meta":{"origin":612285,"position":3},"title":"Maersk doesn\u2019t see Red Sea traffic picking up before mid-2025","author":"enterpriseam admin","date":"9 February 2025","format":false,"excerpt":"A trickle of US- and UK-linked ships passed through the Red Sea safely after Yemen\u2019s Houthis announced they would only target Israeli-linked vessels","rel":"","context":"In "Logistics"","block_context":{"text":"Logistics","link":"https:\/\/enterpriseam.com\/egypt\/category\/logistics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/692.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":612488,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/24\/bad-news-in-the-red-sea\/","url_meta":{"origin":612285,"position":4},"title":"Bad news in the Red Sea","author":"enterpriseam admin","date":"24 December 2023","format":false,"excerpt":"Egypt faces mns in lost FX receipts \u2014 and businesses and consumers around the world will stare at spiraling prices","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/12\/1527.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":659216,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/23\/does-the-gaza-ceasefire-mean-the-imminent-return-of-suez-canal-traffic\/","url_meta":{"origin":612285,"position":5},"title":"Does the Gaza ceasefire mean the imminent return of Suez Canal traffic?","author":"enterpriseam admin","date":"23 January 2025","format":false,"excerpt":"Red Sea disruptions cost the public purse USD 7 bn in Suez Canal revenues in 2024","rel":"","context":"In "Logistics"","block_context":{"text":"Logistics","link":"https:\/\/enterpriseam.com\/egypt\/category\/logistics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1533.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=612285"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/612285\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/612278"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/612286"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=612285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=612285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=612285"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=612285"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=612285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}