Red Sea crisis

Gaza escalation raises risks of further disruptions in Red Sea

The ceasefire between Israel and Hamas ended on March 18, with Israel resuming military operations in the Gaza Strip. This development heightens concerns regarding maritime security throughout the Middle East. Concurrently, the United States has renewed its military strikes against Houthi targets.

Tensions have escalated further with President Donald Trump’s recent comments, which link Houthi actions directly to Iran, threatening severe repercussions for any aggression from Tehran.

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https://container-news.com/gaza-escalation-raises-risks-of-further-disruptions-in-red-sea/

Further rerouting scenarios unfold due to the Red Sea crisis

Recent sanctions imposed by the US Treasury’s Office of Foreign Assets Control (OFAC) have disclosed active coordination between Houthi leaders and officials from Russia and China.

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https://container-news.com/further-rerouting-scenarios-red-sea-crisis/

Dark Anniversary: Red Sea Crisis and its Ongoing Impact on Global Trade

The 19th of November marks the first “anniversary” of the Red Sea crisis, which began on the same date in 2023.

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https://container-news.com/dark-anniversary-red-sea-crisis-and-its-ongoing-impact-on-global-trade/

From Choke Points to Bottlenecks: Red Sea Crisis Analysis

The global shipping industry is grappling with a formidable set of disruptions that have transformed maritime choke points into critical bottlenecks.

Container News has compiled data from three different reports, covering the period from February to June 2024, to shed light on the ongoing upheaval in the Red Sea and Suez Canal. The following analysis includes insights from UNCTAD, BIMCO and the Congressional Research Service of the United States.

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https://container-news.com/from-choke-points-to-bottlenecks-red-sea-crisis-analysis/

Gulf ports to keep facing challenges due to Red Sea crisis

A gloomy picture looms on the horizon for the Gulf ports’ performance, as the disruptions in the Red Sea continue unabated.

Saudi ports experienced a notable increase in container handling in the 2023 fiscal year, with over 5 million TEUs processed.

This growth was mirrored by an improvement in Saudi Arabia’s ranking on the World Bank’s Logistics Performance Index (LPI), moving up 17 positions to 38th globally.

King Abdulaziz Port saw significant activity, with 2,516 ships arriving in 2023 and a...

https://container-news.com/gulf-ports-to-keep-facing-challenges-due-to-red-sea-crisis/

Eastern Mediterranean ports face challenges due to Red Sea disruptions

Disruptions in the Red Sea contributed to declines in the connectivity of Eastern Mediterranean ports, a region highly affected by the Houthis attacks, as the Suez Canal and Bab el-Mandeb straights are connected to the maritime routes crossing some major ports in the region.

The analysis took into consideration the ports of Piraeus, Limassol, Ashdod, Mersin, Port Said, Alexandria and Mersin, and concentrated on the summer months of 2024.

The analysis revealed the below-mentioned conclusions:

Contai...

https://container-news.com/eastern-mediterranean-ports-face-challenges-due-to-red-sea-disruptions/

Trade Routes in Turmoil: Valencia capitalizes on vessel re-routings, Gulf ports under pressure

Theo Notteboom, a PortEconomics member, compiled data revealing container traffic trends at the top 15 container ports within the European Union during the first half of the year. Notably, Piraeus, one of the major Mediterranean ports, experienced substantial traffic losses. Notteboom attributed this downturn to the East Mediterranean becoming a maritime dead end following a dramatic drop in Suez Canal transits.

Container News further investigated the implications of these disruptions on the...

https://container-news.com/trade-routes-in-turmoil-valencia-capitalizes-on-vessel-re-routings-gulf-ports-under-pressure/

Sea-Intelligence reports average minimum transit time up 39% on Asia-Med routes

The Red Sea crisis has compelled shipping lines to reroute around the Cape of Good Hope, significantly extending sailing distances and consequently increasing transit times.

According to Sea-Intelligence, it is important to be cautious when assessing transit times, as impressive figures may be technically possible but often come with a caveat; they pertain to non-competitive port pairs that carriers do not typically market as such.

“For an apples-to-apples comparison, we need to look at the...

https://container-news.com/sea-intelligence-reports-average-minimum-transit-time-up-39-on-asia-med-routes/

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