Trends Make The Portfolio
CNBC reported this week that AP Moller-Maersk, a major Danish shipping company, is telling its customers to brace for a protracted Red Sea crisis that may last well into the…
The continued tensions in the Red Sea may cause supply chain interruptions that last up to a year, Mitsui OSK Lines (MOL), a major maritime company in Japan has warned…
IMF managing director Kristalina Georgieva told the Washington Post this week that while the Houthi rebel attacks on ships in the Red Sea have increased insurance and shipping costs, they…
US Central Command has announced that an American destroyer downed two anti-ship ballistic missiles launched from Yemen Saturday, after responding to a distress call from yet another container ship which…
The shipping crisis in the Red Sea due to the attacks on shipping vessels by Houthi militants operating out of Yemen is threatening to set off a new wave of…
Following the announcement there will be a multinational security initiative deployed to the Red Sea to guard seaborne vessels against Houthi attacks off the coast of Yemen, Danish shipping giant…
The US Department of Defense said a chemical tanker sailing in the Indian Ocean was struck by a drone launched from Iran early on Saturday. In a statement, a spokesperson…
As cargo ships have been diverted from the Red Sea due to the threat of attacks from Houthi rebels operating out of Yemen, global logistics companies have seen the costs…
This week, CNBC reported that amid the threats of attacks on passing cargo ships by Houthi rebels based out of Yemen, there has been roughly $35 billion in cargo which…
In an announcement on Monday, British energy major BP announced it will be temporarily suspending all shipments of crude oil through the Red Sea due to the recent attacks in…
