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Red Sea attacks disrupt world trade, more ships vow to avoid waters
Credit: IndiaTimes- Published on December 22, 2023
Germany's Hapag-Lloyd and Hong Kong's OOCL will reroute 25 ships from the Red Sea due to attacks by Yemen's Houthi group, disrupting global trade. The Suez Canal, which handles 12% of worldwide trade, is severely impacted. Rerouting ships will cause backups at ports and shortages of vessels, containers, and equipment. The...
Video credit: Rumble
Published on December 22, 2023 - 09:09
U.S. takes action to counter Houthi threats in wake of Red Sea attacks
The U.S. announced a task force with other nations aimed at protecting commercial vessels in the Red Sea from Houthi rebel attacks. But some shipping companies have already rerouted their vessels over the attacks.
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