Japanese logistics company Mitsui OSK Lines sees Red Sea disruption to last up to 1 year

Wed, 07 Feb 2024 - 01:05 GMT

"Before the Red Sea disruptions, 2-3 ships used to pass through the Suez Canal daily... currently no ships of the company are passing through the canal," CEO Hashimoto said on the sidelines of India Energy Week in Goa

Estimated $150M in losses of Suez Canal revenues caused by Red Sea skirmishes: Bloomberg economist

Tue, 23 Jan 2024 - 05:05 GMT

Shipping companies continue to select alternative routes to their destinations as Houthi attacks target Israel-linked vessels near the strategic Bab Al-Mandeb Strait in the Red Sea

Egypt condemns Houthi attacks toward Saudi Jazan, Abha

Thu, 16 Dec 2021 - 10:20 GMT

Egypt condemned continued Houthi attacks on Saudi Arabia’s territories, the last of which were launched toward Jazan and Abha cities.