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Maersk Hangzhou was attacked multiple times by Houthis in the Red Sea last week

Iranian-backed Houthi small boats attack merchant vessel and U.S. Navy helicopters in Southern Red Sea

U.S. Navy shot down one drone, one anti-ship missile on Dec 28; MSC, Hapag continue to divert ships

MSC to continue to reroute vessels booked for Suez transit via the Cape of Good Hope

"Operation Prosperity Guardian set up & deployed to allow maritime commerce to pass through Red Sea/Gulf of Aden"

Attack follows a drone attack on crude carrier near Veraval, Gujarat

MSC introduces a new acronym - contingency adjustment charge (CAC), Maersk, CMA CGM announce diversions

~920,000 TEUs have diverted south of Africa & another ~1,002,000 are delayed in Suez area: Anders Schulze, Flexport

MSC, CMA CGM halt Red Sea sailing after attacks; only positive - Panama Canal increases crossings from January 2024

After Panama Canal shock, the terror attacks on container ships can disrupt supply chain in 2024

November 20, 2019: DP World today announced the near completion of the expansion of Sokhna terminal at the port of Sokhna in Egypt which will bring...