Companies turn to land routes to avoid Houthis

EIA: Attacks in the Red Sea lead to heightened shipping durations and freight costs

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Ships travelling via the Suez Canal between Europe and Asia have to cross the Bab el-Mandeb Strait, which links the Red Sea and the Gulf of Aden. In the first half of 2023, the Bab el-Mandeb Strait accounted for 12% of the seaborne oil trade and 8% of the trade in liquefied natural gas (LNG), …

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Red Sea: Companies turn to land routes to avoid Houthis

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According to Bloomberg, Trucknet Enterprise, an Israeli software firm, is offering a different route to avoid the Red Sea under threat from the Houthis by shipping goods to Europe from the United Arab Emirates and Bahrain via Saudi Arabia, Jordan, and Israel. In the interim, Hapag-Lloyd is investigating connections between Dubai and Saudi ports, including …

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