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Red Sea raids increase expenses, delay shipments – companies

Complaints from business organizations, indicate that, British companies are experiencing costly shipping and delays of up to four weeks due to the actions of...

Cruise ships left Red Sea after attacks by Houthis

Cruise ships can't go to the Red Sea because of the fighting in Yemen. Carnival Corporation changed the course of 12 of its ships...

Houthis allege more assaults on ships in Red Sea

The Houthi group in Yemen has launched missiles at two ships in the Red Sea, even though the US and UK have attacked them....

Houthi Red Sea attacks: Group says it struck US container ship

The Houthi group in Yemen claims they have hit a US merchant ship called KOI in the Red Sea in a new attack on...

Greek ship struck by missile in the Red Sea – Report

A ship from Malta with a Greek owner was hit by a missile in the Red Sea near Yemen, according to Ambrey, a company...

Ghana cedi to stabilise in 2024 – Trade expert predicts 

Lingering misfortunes from the early 2020s have cast a shadow on anticipations for 2024, with a lot of people predicting continued economic hardship in...

USA and UK thwart biggest Houthi attack in the Red Sea

Navies from the UK and US stopped a big attack by Yemen's Houthi rebels on ships in the Red Sea, according to the UK...

Transport behemoth claims Red Sea route still too risky

One of the world's largest shipping companies, Germany's Hapag-Lloyd, told the media it would avoid the Red Sea for at least another week and...

UK claims to fend off Houthi strikes in Red Sea

Defense Secretary Grant Shapps said British forces are ready to take action against Houthi rebels targeting cargo ships in the Red Sea.In an...

How do Red Sea assaults affect global trade?

The stability of global supply chains is under threat as the world's leading shipping companies are rerouting their vessels away from the Red Sea,...

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