* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Monday, May 4, 2026
Earth-News
  • Home
  • Business
  • Entertainment

    Mobican Broadens Entertainment Lineup and Product Range for the U.S. Market

    Must-See Entertainment Highlights This May Starring Bruno Mars, Demi Lovato, and More

    Discover the Top 5 Cruise Lines Delivering Unforgettable Onboard Entertainment in 2026

    Melco Resorts’ Margin Rebound Challenges Optimistic Earnings Expectations

    Peacock Takes Flight: United Unveils Exciting New Inflight Entertainment Channel

    Discover the Top Indie Movies You Can’t Miss in Seattle This May 2026

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Pinnacle Group Unveils PinnacleSI: Delivering Expert Advisory Services Powered by Technology

    Inside the Buzz: What Investors Are Saying About Trump Media & Technology Group’s Truth Social Spin-Off Plans Rewritten title: Investors React to Trump Media’s Bold Truth Social Spin-Off Plans: What You Need to Know

    Drone Technology Pinpoints Hotspots in Brantley County Wildfire Fight

    Rising Senior in Electrical and Computer Engineering Shines as One of Six Finalists in Alabama Launchpad Technology Competition

    Student’s Malicious Software Sparks Major Tech Disruption in Kentwood Schools

    2026 Technology Roundtable: Unveiling the Future of Supply Chain Innovation

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment

    Mobican Broadens Entertainment Lineup and Product Range for the U.S. Market

    Must-See Entertainment Highlights This May Starring Bruno Mars, Demi Lovato, and More

    Discover the Top 5 Cruise Lines Delivering Unforgettable Onboard Entertainment in 2026

    Melco Resorts’ Margin Rebound Challenges Optimistic Earnings Expectations

    Peacock Takes Flight: United Unveils Exciting New Inflight Entertainment Channel

    Discover the Top Indie Movies You Can’t Miss in Seattle This May 2026

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Pinnacle Group Unveils PinnacleSI: Delivering Expert Advisory Services Powered by Technology

    Inside the Buzz: What Investors Are Saying About Trump Media & Technology Group’s Truth Social Spin-Off Plans Rewritten title: Investors React to Trump Media’s Bold Truth Social Spin-Off Plans: What You Need to Know

    Drone Technology Pinpoints Hotspots in Brantley County Wildfire Fight

    Rising Senior in Electrical and Computer Engineering Shines as One of Six Finalists in Alabama Launchpad Technology Competition

    Student’s Malicious Software Sparks Major Tech Disruption in Kentwood Schools

    2026 Technology Roundtable: Unveiling the Future of Supply Chain Innovation

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

The world’s biggest shipping companies are boycotting the Suez Canal

December 24, 2023
in Business
The world’s biggest shipping companies are boycotting the Suez Canal
Share on FacebookShare on Twitter

The fallout from the Israel-Hamas war is reverberating in the Red Sea.

The Iran-backed Houthi movement in Yemen has responded to the conflict by escalating attacks on vessels going to or coming from Israel. Reacting to that growing threat—including an attack on one of its ships—the world’s largest container line, Mediterranean Shipping Co. (MSC) decided to stop all voyages through the Suez Canal on Friday (Dec. 15).

Be cautious owning tech stocks in 2024 | Smart Investing

“This disruption will impact the sailing schedules by several days of vessels booked for Suez transit,” the Swiss company warned. “We ask for your understanding under these serious circumstances.”

MSC’s alert echoed statements by Danish shipping giant Maersk and Germany’s Hapag-Lloyd the same day. On Dec. 16, CMA CGM also suspended all sailings in the region. The French shipping and logistics company told its container ships scheduled to pass through the Red Sea “to reach safe areas and pause their journey in safe waters with immediate effect until further notice.”

The Houthi attacks, which include firing drones and missiles and holding vessels hostage, began soon after the Oct. 7 Hamas assault and Israel’s relentless retaliation. And they’re showing no signs of slowing down.

“The Houthis will not abandon the Palestinian cause, regardless of any US, Israeli, or Western threats,” Ali al-Qahoum, a member of the Houthis’ Ansarulla politburo, said in an interview with Lebanon-based Al Mayadeen TV late on Dec. 15, Al-Jazeera reported.

A non-exhaustive timeline of Houthi attacks on ships in the Red Sea

Nov. 19: The Galaxy Leader, operated by Japanese shipping company NYK, and its 25-member crew are illegally seized on international waters in the southern Red Sea.

Dec. 14: Maersk reports a near-miss incident after the Maersk Gibraltar is targeted by missile.

Dec. 15: An attack on a Maersk container vessel prompts the company to pause all sailing. A Hapag-Lloyd ship is also attacked. Separately, MSC container ship MSC Palladium III suffers an attack while crossing the Red Sea. “All crew are safe with no reported injuries, meanwhile the vessel suffered limited fire damage and has been taken out of service,” MSC says. Houthi spokesperson Yahya Sare’e claims that another ship, MSC Alanya, was also attacked, but MSC’s statement doesn’t mention it.

If not the Red Sea, where are ships sailing?

The Red Sea has the Suez Canal at its northern end and the narrow Bab el-Mandeb Strait— which leads into the Gulf of Aden—at its southern end, making it a crucial link between Europe and Asia.

Warships from the US, UK, and France are patrolling the area and have even shot down several missiles launched by the Houthis. But commercial players are still unsettled.

“Some companies have already rerouted around the Cape of Good Hope to avoid Houthi aggression which adds cost and delay to global trade,” the International Chamber of Shipping (ICS) said in a Dec. 15 statement. “Industry is extremely concerned about these attacks on shipping and is understood to be considering additional actions which could lead to further ships diverting to this route, with further potential impacts on trade.”

The alternative route, which was also adopted when the Suez Canal was blocked in 2021, has been a hotbed of piracy in the past. And that’s not all: The journey is longer and
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Quartz – https://qz.com/the-worlds-biggest-shipping-companies-are-boycotting-th-1851107036

Tags: biggestbusinessWorld's
Previous Post

Artemis Prepares to Take People to the Moon and Beyond

Next Post

Immigrant cleaning workers say it’s time to get what they deserve

Pinnacle Group Unveils PinnacleSI: Delivering Expert Advisory Services Powered by Technology

May 4, 2026

Beloved Yankees Voice John Sterling Passes Away at 87

May 4, 2026

Ecological Exposure Research: Water – U.S. Environmental Protection Agency (.gov)

May 4, 2026

Blaze Breaks Out at University of South Florida Marine Science Lab

May 4, 2026

Area 51 Rocked: 17 Earthquakes Hit in a Single Day

May 4, 2026

Putting Wellness First: Embracing the Power of Mental Health Awareness

May 4, 2026

Nearly Half of Retirees Struggle to Maintain Their Lifestyle – and an Upcoming Fed Rate Cut Could Make It Worse

May 4, 2026

Houston Soccer Fans Brave Long Lines for a Rare Glimpse of the FIFA World Cup 2026 Trophy

May 4, 2026

Germany Has the Cash to Revitalize Its Economy, but Can’t Seem to Spend It – WSJ

May 4, 2026

Mobican Broadens Entertainment Lineup and Product Range for the U.S. Market

May 4, 2026

Categories

Archives

May 2026
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (1,199)
  • Economy (1,220)
  • Entertainment (22,095)
  • General (21,323)
  • Health (10,252)
  • Lifestyle (1,230)
  • News (22,149)
  • People (1,220)
  • Politics (1,238)
  • Science (16,434)
  • Sports (21,718)
  • Technology (16,204)
  • World (1,210)

Recent News

Pinnacle Group Unveils PinnacleSI: Delivering Expert Advisory Services Powered by Technology

May 4, 2026

Beloved Yankees Voice John Sterling Passes Away at 87

May 4, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version