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US + UK launch strikes on Yemen as conflict intensifies and disruptions drag on
The strikes hit military bases near airports in Sanaa and Taiz, a naval facility at Yemen’s Hodeidah Port, and military…
Hapag-Lloyd + Maersk deny reported pact with Iran-backed Houthi group
Maersk saw its shares drop 5.7% in Copenhagen, initially dropping 8.4%
China’s Cosco Shopping halts shipping to Israel amid Red Sea attacks
Suez Canal transit volumes saw a drop as ships rerouted
Houthis escalate shipping disruptions with the first-time use of unmanned surface vessels
Houthi attacks on the Red Sea continue to disrupt shipping lines causing some liners to impose surcharges
Maersk pauses Red Sea transits until further notice following weekend attacks
Hapag-Lloyd will also continue rerouting its vessels as tensions escalate in the Red Sea
Maersk reconsiders decision to ramp up Red Sea transit as Houthi attacks continue
The US is contending with “no shows” for its Red Sea naval coalition
More carriers shirk Red Sea transits as security threats mount
Continued Houthi attacks on shipping in the Red Sea warn of widespread economic impacts
Shipping giants temporarily halt Red Sea transit amid continued attacks
The pause comes amid increased attacks on shipping in the region
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