Danish shipping group Maersk is diverting its ME2 container service away from the Red Sea and Gulf of Aden, rerouting the vessels around the Cape of Good Hope.
The Cape of Good Hope © Mena Today
Danish shipping group Maersk is diverting its ME2 container service away from the Red Sea and Gulf of Aden, rerouting the vessels around the Cape of Good Hope, the company said in an advisory to clients on Monday.
The ME2 service links Italy and the western Mediterranean Sea to the east coast of India and the United Arab Emirates. The decision comes as Houthi attacks continue in the Red Sea.(Reuters)
The Egyptian government has successfully completed its second sovereign sukuk issuance, valued at $1 billion, as part of its broader strategy to diversify financing tools and investor bases.
Yemen's Houthis will target U.S. ships in the Red Sea if Washington becomes involved in Israeli attacks on Iran, the group's military spokesperson said on Saturday.
The Trump administration said on Friday it had issued fresh Iran-related sanctions targeting eight entities, one vessel and one person for their alleged role in providing sensitive machinery for Tehran's defense industry.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.