Home Intelligence Impacts of security in trade Red Sea Shipping on Edge
Red Sea Shipping on Edge

10% of the world’s trade passes through the Red Sea and Suez Canal.
The attacks on commercial vessels in the Red Sea by Yemen’s Houthi rebels have scared off some of the world’s top shipping companies and oil giants. Read more.
Security concerns have led shipping and some energy companies to reroute vessels.
Attacks on shipping in the Red Sea by Yemen’s Iranian-backed Houthi rebels are disrupting a key trade route for energy supplies to Europe. Read more.
The cost to ship a standard 40-foot container has jumped from $1,500 to $4,000.
China, the world’s biggest exporter, says it is deeply concerned about tensions in the Red Sea that have upended global trade by forcing many shippers to avoid the Suez Canal. Read more.
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