CNN

$1 million in extra costs and weeks of delays. How the Red Sea crisis is upending global trade

The resulting delays and extra costs for shipping companies have fueled concerns that consumers, still struggling after a prolonged spell of rampant inflation, could be hit with fresh price rises.
MarketWatch

Red Sea container traffic is down almost 30% amid Houthi attacks, says IMF, as experts weigh wider impact

Houthi attacks on cargo ships have cut Red Sea container traffic by almost 30% since late last year, according to the International Monetary Fund. The Red Sea is an important shipping conduit for the ...
Reuters

Container rates soar on concerns of prolonged Red Sea disruption, inflation

LONDON/LOS ANGELES, Jan 12 (Reuters) - Container shipping rates for key global trade routes have soared this week, with U.S. and UK air strikes on Yemen stirring fears of a prolonged disruption to ...
Reuters

Red Sea crisis forces operators to use more container ships, adding to emission concerns

April 10 (Reuters) - The shipping industry's pledge to limit its carbon footprint may suffer a setback as the current Red Sea crisis prompts it to use more vessels and take longer routes to ensure the ...