Archive List for Maersk

Shipping industry crisis: Attacks in red sea force vessels to reroute

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AlJazeeraEnglish

Chinese officials are reported to have urged Iran to help prevent Houthi attacks on ships in the Red Sea, or risk harming business relations with Beijing. Many commercial vessels are now using alternative routes, causing major delays in international trade. Al Jazeera’s Florence Looi reports. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #China #ChineseShippingVessel #RedSea #BabelMandeb #Iran #Yemen #Houthis #Strinda #Maersk #USCENTCOM #BabAlMandabStrait #MaerskHangzhou #RedSeaShipping

Maersk plans to resume Red Sea shipping operations

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yahoo finance

#maersk #redsea #yahoofinance #shipping #yemeni As Yemeni rebels continue to launch a series of attacks on container ships crossing through the Red Sea, Danish logistics company Maersk (AMKBY) has resumed its shipping operations in the region. Yahoo Finance examines the ripple effect geopolitical pressures are having on companies through this squeeze on freight operators. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. – Get the latest news and […]

Explainer: Who are the Houthis?

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AlJazeeraEnglish

The Houthis began in the 1990’s as a moderate theological movement of the Zaydis, a Shia minority group. Fighting corruption was one of their main aims. The 2003 US invasion of Iraq was a turning point. Analysts believe the war transformed the Houthis into a resistance group with deep anti-American sentiments. In 2015, Houthi fighters seized Yemen’s capital Sanaa. It triggered more than nine years of war between the Saudi-led coalition, which backs the internationally recognised government, and the Houthis, supported by Iran. On October the 31st, the Houthis entered the war in Gaza, firing drones and missiles at Israel. And earlier this month, the Houthis said they would target […]

Shipping companies pause Red Sea journeys after Houthi attacks

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AlJazeeraEnglish

A Hong-Kong based shipping company has suspended its activity to and from Israel. That’s after vessels in the Red Sea came under attack from Houthi fighters in Yemen. The Houthis say they’ll continue their attacks if Israel doesn’t stop its war on Gaza. And their activities are starting to have far-reaching consequences, not just for Israel, but globally. Al Jazeera’s Sara Khairat reports from the Israeli port city of Haifa. Maritime expert Victoria Mitchell says while recent attacks on ships in the Red Sea have not led to a complete shutdown of the trading route, there are implications for individual ship operators. “What is important to highlight is the concern […]