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Asharq Alawsat (English) on MSNWorld Bank: Red Sea Crisis Raises Global Shipping Costs by 141%Washignton: The Red Sea crisis has emerged as a critical flashpoint of the conflict in the Middle East, upending global trade and maritime transport, port activity in the MENA region, and ecological ...
The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...
Maersk, the world’s second-largest container line, reported solid gains in 2024 in its ocean, logistics and terminals ...
The Houthi rebels also targeted navies and commercial ships linked to Israel and its allies passing through Bab al-Mandeb in the Red Sea, disrupting global trade. Israel justified its devastating ...
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AGBI on MSNShipping giants not yet ready to resume Red Sea routeHouthis scaling back hostilities Response to ceasefire in Gaza Adnoc and Maersk wary of danger Two shipping giants said on Friday that they are in no rush to resume routes through the Suez Canal after ...
Houthi representatives said that with effect from the same day, they would no longer attack US- and British-owned, managed and flagged ships transiting in the Red Sea, Bab el-Mandeb, Gulf of Aden ...
After a ceasefire between Israel and Hamas went into effect Sunday ... However, shipping cannot be too certain of a Red Sea return just yet. The center left the door open to resume attacks ...
Logistics & Services demonstrated resilience in 2024 with momentum building steadily each quarter culminating in volume growth, higher revenue and improved EBIT margin compared to 2023. Revenue grew 7 ...
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