The freight passing through the Suez Canal has significantly decreased due to attacks by Yemen's Houthi rebels on commercial ships in the Red Sea. The United Nations Conference on Trade and Development (UNCTAD) reported an 85% drop in cargo passing through the canal, while Reuters and SkyNews mentioned a 45% decrease. The disruptions caused by the attacks are expected to have far-reaching impacts on global trade and supply chains, already strained by the war in Ukraine and climate change-linked conditions in the Panama Canal.
Shipping transits through Suez Canal plunge 42% amid Houthi attacks UN agency voices 'profound concerns' at global trade disruption including impact of the Red Sea crisis https://t.co/uEtXnOkXip
The strike was the latest in a string of attacks by the Houthis against vessels traveling through the Red Sea, Gulf of Aden and other waterways in the region, one of the busiest and most strategically important commercial ship corridors in the world. https://t.co/MYTFi1PjxL
Freight travelling through the Suez Canal has almost halved since Yemen's Houthi rebels began attacking cargo ships in the Red Sea. Read more on this story 🔗 https://t.co/7ZoTULErV6
Freight through Suez Canal slashed by almost half in wake of Houthi attacks Read more 🔗 https://t.co/7ZoTULErV6
Suez Canal freight drops 45% amid Houthi attacks and global trade disruptions https://t.co/PusmBIfjg0 https://t.co/tt3oNyoi8W
Freight through Suez Canal down 45% since Houthi attacks - UNCTAD https://t.co/eegq26aRgk https://t.co/qWnSNz3Gsn
⚠️ FREIGHT THROUGH SUEZ CANAL DOWN 45% SINCE HOUTHI ATTACKS - UNCTAD (Reuters) Freight going through the Suez Canal has dropped by 45% in the two months since attacks by Yemen's Houthis led shipping groups to divert freight, disrupting already strained maritime trading routes,… https://t.co/7vyFc628nG
Houthi attacks against commercial ships in the Red Sea have upended global shipping. The disruptions could soon ripple through the global economy. Get the latest: https://t.co/6Vea2dAhOU
Attacks against shipping in the Red Sea by Houthis are devastating for global trade and supply chains, already reeling under the impacts of the war in Ukraine and climate change-linked conditions in the Panama Canal, @UNCTAD said on Thursday https://t.co/vm4N8WRHVF
Cargo passing through the Suez Canal has decreased by 85% since Yemen started operations against Israeli shipping. https://t.co/9VY759sfi3 https://t.co/cpOpbFFKkz