Modon Holding posts AED 2.1bn net profit in H1 2025    Egypt's Electricity Ministry says new power cable for Giza area operational    Egypt exports first high-tech potato seeds to Uzbekistan after opening market    Egypt's Al-Sisi, Italian defence minister discuss Gaza, security cooperation    Egypt's FM discusses Gaza, Nile dam with US senators    Aid airdrops intensify as famine deepens in Gaza amid mounting international criticism    Health minister showcases AI's impact on healthcare at Huawei Cloud Summit    On anti-trafficking day, Egypt's PM calls fight a 'moral and humanitarian duty'    Federal Reserve maintains interest rates    Egypt strengthens healthcare partnerships to enhance maternity, multiple sclerosis, and stroke care    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Indian Embassy to launch cultural festival in Assiut, film fest in Cairo    Egyptian aid convoy heads toward Gaza as humanitarian crisis deepens    Culture minister launches national plan to revive film industry, modernise cinematic assets    Sudan's ambassador to Egypt holds reconstruction talks on with Arab League    I won't trade my identity to please market: Douzi    Sisi calls for boosting oil & gas investment to ease import burden    Egypt welcomes 25-nation statement urging end to Gaza war    Sisi sends letter to Nigerian president affirming strategic ties    Egypt, Senegal sign pharma MoU to unify regulatory standards    Two militants killed in foiled plot to revive 'Hasm' operations: Interior ministry    Egypt, Somalia discuss closer environmental cooperation    58 days that exposed IMF's contradictions on Egypt    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Danish shipping giant warns of ongoing 'unrest' in Red Sea
Published in Daily News Egypt on 24 - 12 - 2023

A.P. Moller – Maersk, the Danish global shipping giant, warned of the persistent chaos and unrest in the Red Sea, which has been disrupting shipping activity for months.
The company, which is the world's second largest container shipping line operator, based in Copenhagen, issued a statement on Friday, stating that 15 container shipping line routes between Asia and Europe were affected, as well as the route from the US east coast to the Middle East.
The Houthi group in Yemen, also known as Ansar Allah, declared that it would not allow any ship affiliated with Israel to pass through the Bab al-Mandab Strait, which Yemen borders. The group said it would target any Israeli ships with drones as retaliation for the Israeli attacks on Palestinian civilians in Gaza.
Yahya Sarea, the military spokesperson for the group, said that the group "will continue its operations against the Zionist entity until it stops its aggression against Gaza."
Ships that want to reach Egypt's Suez Canal to cross the Red Sea to the Mediterranean Sea have to pass through the Bab al-Mandab Strait, which shortens the travel time between Asia and Europe. Avoiding this passage means sailing thousands of miles around Africa.
More than 150 tankers, which were scheduled for port services in Singapore, Rotterdam, Texas, and along the US east coast, have had to change their arrival dates, and some have been postponed until next March.
The US and other European powers announced the formation of a naval force to protect the international trade in the Red Sea from the Houthi attacks. The Yemeni group warned Saudi Arabia and the UAE that it would target their oil facilities if they joined this coalition.


Clic here to read the story from its source.