Tesla and Volvo Car Production in Europe Suspended Due to Houthi Rebels’ Attacks on Shipping in the Red Sea

Tesla and Volvo Car Production in Europe Suspended Due to Houthi Rebels’ Attacks on Shipping in the Red Sea

Elon Musk’s Tesla and Volvo Car, owned by Geely, have announced that they are suspending part of their production in Europe due to a shortage of parts. These are some of the first visible impacts of Houthi rebels’ attacks on shipping in the Red Sea on manufacturers, Reuters writes. Tesla will suspend most production from … Read more

US Military Engages in Direct Combat with Houthi Rebels in Red Sea: Tensions Rise

US Military Engages in Direct Combat with Houthi Rebels in Red Sea: Tensions Rise

In this photo released on November 20, 2023, the Galaxy Leader cargo ship is being dragged by Houthi rebels in the Red Sea. /Reuters Yonhap News The United States engaged in direct combat for the first time in the Red Sea near Israel with Yemen’s Houthi rebels, an Islamic militant group supported by Iran. Since … Read more

Red Sea Crisis: Top Container Shipping Companies Forced to Detour Around Cape of Good Hope

Red Sea Crisis: Top Container Shipping Companies Forced to Detour Around Cape of Good Hope

Container shipping has erupted in the Red Sea crisis. Yemen’s “Youth Movement” organization (Houthi, also translated as the Houthi armed forces) controls the Red Sea waterways, which has forced the world’s top five shipping giants to stop sailing in the Red Sea and detour around the Cape of Good Hope. Evergreen (2603), Yang Ming and … Read more

Maritime Rescue Efforts continue for Suez Canal Collision between CHINAGAS LEGEND Tanker and Fahd Tug

Maritime Rescue Efforts continue for Suez Canal Collision between CHINAGAS LEGEND Tanker and Fahd Tug

The head of the Suez Canal Authority, Usama Rabi, said that maritime rescue efforts continue to resolve a collision between the CHINAGAS LEGEND tanker and the Fahd tug, one of the Authority’s tugs, at km 51 in Al. The tug collided with a tanker in the waters of the Suez Canal, after which it sank. … Read more

“Youm7 Reports: Suez Canal Records 20% Surge in Ships and Generates $2.3 Billion in Revenues During Presidency”

Muhammad Al-Gali wrote Tuesday, April 11, 2023 03:24 PM President Abdel-Fattah El-Sisi met today with Dr. Mostafa Madbouly, Prime Minister, Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, Major General Amir Sayed Ahmed, Advisor to the President of the Republic for Urban Planning, and Mustafa El-Dogishy, ​​Chairman of the Board of Directors of … Read more

Minister of Transport: Egypt does not sell its lands, and the signing of all alliances includes a re-delivery clause

Lieutenant-General Kamel Al-Wazir, Minister of Transport, said that there are other alliances that will be signed soon, explaining that the Cabinet approved the implementation of the first phase of the project to construct the (Sukhna / Dekheila) axis, an integrated logistics for containers, to link between the Red and Mediterranean Bahrain, with the (Hutchison – … Read more

Container ship stranded off Baltimore

A year after the blocking of the Suez Canal by the “Ever Given”, the “Ever Forward” is blocked on the east coast of the United States, in the Chesapeake Bay, near the Craighill Canal. This other container ship operated by the Taiwanese company Evergreen, which flies the Hong Kong flag, had just left Baltimore port. … Read more

The Suez Canal made an unprecedented profit in a year

Photo: Maxar Blockage of the Suez Canal in March 2021 – – Despite the six-day blockage, the annual revenue of one of the world’s most important transport routes reached a record high. Suez Canal revenues in 2021 totaled $ 6.3 billion, a record high since the opening of the waterway. About this on Sunday, January … Read more

After the crash in March – “Ever Given” passed the Suez Canal without an accident – Wirtschaft

There were anxious hours for international shipping: the container ship “Ever Given“Drove through the Suez Canal on Sunday. But unlike at the beginning of the year, this time it was accident-free! The ship is currently on its way to Europe’s largest deep water port in Rotterdam. Photo: vario images-“data-zoom-src =” https://bilder.bild.de/fotos/auf-der-karte-von-marinetracker-kann-man-klar-sehen-die-ever-given-ist-erverbindreich-durch- den-suezka-ebae52a2fa34423c9f4f3d552ab669e6-78527718 / image / … Read more