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SHIPPING LINES CAN REFUSE TRANSIT THROUGH RED SEA

In light of escalating attacks by Yemen’s Iran-affiliated Houthis in the Red Sea, seafarers are now legally protected in their decision to refuse sailing through these volatile waters, according to a new industry agreement. This rising tension, combined with the Houthis targeting commercial vessels with missiles and drones since mid-November, made this decision imperative for […]

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The Red Sea Shipping Crisis: Global Trade at a Standstill

The world of international trade has been thrown into disarray as a major shipping crisis unfolds in the Red Sea, one of the most pivotal maritime routes. This comes as a significant concern for economies that are already reeling from the repercussions of global events that have affected shipping supply chains. As one of the […]

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