Logistics (MENA) 
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Rubymar sinks as Houthis vow to continue to sink more British ships
The Suez Canal has lost over USD 700 mn in revenue since Houthi-led attacks on shipping began
Red Sea attacks lead to dangerous environmental damage + CMA CGM reports first quarterly loss in four years
IMO warns carriers to be on the lookout for piracy
European retailers urge EU states to do more to counter disruptions + seafarers can now opt out of Red Sea transits
Egypt has lost some USD 508 mn in Suez Canal revenues due to ongoing Red Sea disruptions
Vessels continue to avoid Red Sea transits despite a decrease in attacks
European oil refineries are ramping up crude purchases from suppliers closer to home following disruptions to Middle Eastern supplies.
Maersk warns that the worst is yet to come as trade groups call for more commercial shipping protections
Duqm refinery looks to leverage its strategic location to capitalize on shifting trade routes.
Companies may turn to new trade corridors running on land through the Middle East
Suez Canal receipts fell 47% y-o-y to USD 428 mn in January as the number of ships transiting fell by…
The EU will launch its naval mission by mid-February as energy traders and shippers scramble to manage risks and costs
Qatar and the US could swap LNG cargoes due to logistical constraints at the Suez and Panama canal’s
Companies begin pushing for contract revisions as Red Sea disruption drags on
Companies chartering dry bulk carriers ask shipowners for better terms as Red Sea disruptions delay deliveries
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