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Jun 20, 2024 · The MV Tutor, a Greek-owned coal carrier, sinks in the Red Sea after it was struck by the Houthi rebels on June 12, 2024. Leading shipping groups have urged governments “with influence” to put ...
- Red Sea crisis: Who are the Houthis and why are they attacking ships ...
CNN reporter breaks it down. Yemen’s Iran-backed Houthi...
- Red Sea crisis: Who are the Houthis and why are they attacking ships ...
The Red Sea is a sea inlet of the Indian Ocean, lying between Africa and Asia. Its connection to the ocean is in the south, through the Bab-el-Mandeb strait and the Gulf of Aden. To its north lie the Sinai Peninsula, the Gulf of Aqaba, and the Gulf of Suez —leading to the Suez Canal. It is underlain by the Red Sea Rift, which is part of the ...
Feb 11, 2024 · February 11, 2024, 10:00 AM. “The recent history of the Red Sea reads like a macabre thriller, from industrial-scale hostage-taking by pirates to tit-for-tat naval attacks between Israel and ...
Feb 20, 2024 · Yet with Red Sea shipping responsible for 12-15% of global trade and 20% of global container shipping, repercussions are likely to become more severe as uncertainties continue. OECD estimates suggest that a doubling of global shipping costs, if persistent, would add 0.4 percentage points to consumer price inflation in OECD countries after about a year.
Dec 19, 2023 · CNN reporter breaks it down. Yemen’s Iran-backed Houthi rebels are stepping up their strikes on ships in the Red Sea, which they say are revenge against Israel for its military campaign in Gaza ...
Jan 21, 2024 · Steering clear of the Red Sea and taking the lengthy detour around the Cape of Good Hope, however, adds around 3,500 nautical miles (6,500km) and 10-12 days sailing time to each trip. This ...
4 days ago · The final piece of the puzzle is the Red Sea closure itself. Sailing around Africa via the Cape of Good Hope adds two weeks of travel in the case of Asian cargo destined for the Mediterranean and ...
