Houthi Drone News

 

Impact of the Houthi Red Sea Attacks on Shippers

Aug 16, 2024

Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged rerouting of shipments pushing freight rates higher and causing congestion in Asian and European ports. Below are some actions and comments by major shipping companies and freight forwarders, in alphabetical order:CMA CGMThe French shipping group suspended most Red Sea voyages…

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