Storms, both real and predicted, along with war, drought and retailers planning ahead have raised the cost of sending goods around the world.
Carriers are figuring out how to reduce risk and deal with disruptions caused by the Houthis’ attacks and low water levels in shipping lanes.
Firms that import goods are returning to pandemic-era strategies to brace their businesses against delays and higher shipping costs.
The attacks on ships by Houthi rebels are forcing expensive detours and more costly insurance for ships.
The intergovernmental group’s crowdfunding campaign aims to avert a potential environmental disaster in the Red Sea.
Observers worry that the ship — a “pawn” in Yemen’s civil war — could spill its oil and affect fisheries and drinking water.