Red Sea Crisis
Shipping cost keeps upward trend as Red Sea Crisis lingers
Shafiur Rahman, regional operations manager of G-Star in Bangladesh, needs to send 6,146 pieces of denim trousers weighing 4,404 kilogrammes from a Gazipur-based garment factory to Amsterdam of the Netherlands.
22 May 2024
Impact of Red Sea crisis still 'moderate': WTO chief economist
Attacks by Yemeni rebels on commercial ships in the Red Sea have had only a "moderate" impact on global trade, Ralph Ossa, the World Trade Organization's chief economist told AFP.
27 February 2024
India's small exporters reel as Red Sea crisis helps rivals nab business
Even before the crisis, India's exporters very thin profit margins were between 3% to 7%
18 February 2024
Oil investors are adrift in Red Sea rip currents
Weak demand so far has kept oil prices stable amid the Red Sea crisis, but it could change
10 February 2024
Red Sea container shipping down 30% over attacks: IMF
Container shipping through the Red Sea has dropped by nearly one-third this year as attacks by Yemen's Huthi rebels continue
1 February 2024
RMG shipping cost climbs for Red Sea diversion
International clothing retailers and brands are still choosing seaways, instead of air, to carry goods from Bangladesh to Europe although the rerouting of ships away from the Red Sea has increased the freight charge by more than 30 percent and added 15 days to the sailing time.
28 January 2024
Geopolitical implications of the brewing tension in the Red Sea
The historical Shia-Sunni rift gives another dimension to the tension in the Middle East.
26 January 2024
Red Sea oil tension may revive Russia-Saudi spat
The ongoing Red Sea crisis can potentially revive Russia-Saudi oil tensions, according to a Reuters analysis
23 January 2024
Europe, Africa crude market tightens on Red Sea disruptions, China demand
Crude oil market in Europe and Africa are reacting to Red Sea crisis by tightening the market
22 January 2024
What does Red Sea disruption mean for Europe's economy?
While Red Sea trade disruptions has so far had negligible effect, it might change soon
20 January 2024
Lingering Red Sea crisis pushes up trade costs for Bangladesh
The Red Sea crisis is affecting Bangladesh's international trade as costs have increased
17 January 2024
Red Sea attack fears disrupt global trade patterns
Escalating tensions at the Red Sea is disrupting well established trade patterns
16 January 2024
Container rates soar on concerns of prolonged Red Sea disruption, inflation
Container prices are soaring on the back of US and UK air strikes on Yemen
13 January 2024
Red Sea attacks: retailers rush to avoid delays to spring collections
Retailers worldwide are racing against the clock to stock up on goods to avoid inventory shortage
10 January 2024
Oil tankers continue Red Sea movements despite Houthi attacks
Despite attacks by Houthi militants, tanker traffic in the Red Sea was stable in December, according to a Reuters Analysis
9 January 2024
What does it mean for Bangladesh?
Increase in shipping time and cost is expected as the fallout from Red Sea crisis deepens
6 January 2024
Maersk says to avoid Red Sea for foreseeable future
Maersk will divert all vessels around Africa instead of using the Red Sea and Suez Canal for the "foreseeable future"
6 January 2024
Global maritime trade sails into geopolitical storm
International shipping companies are re-routing and even suspending routes to tackle various geopolitical factors
6 January 2024
Ocean cargo rates climb after new Red Sea ship attacks
Long and slow rerouting, or even suspension has caused cargo rates to climb higher
4 January 2024
Shipping costs jump as Red Sea impasse lingers
The Red Sea crisis is causing Bangladeshi exporters and importers to pay higher freight charges to the US and Europe
3 January 2024