Red Sea
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Red Sea attacks could push more cargo to Port of Vancouver after record year: CEOSince December, attacks by Iran-backed Houthi militants have pushed shippers to steer clear of the Red Sea and reroute around Africa., to the benefit of the Port of Vancouver.CanadaMar 23
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Ship hit by Yemen’s Houthi rebels sinks in Red Sea, first to be lost in conflictThe Belize-flagged Rubymar had been drifting northward after being struck by a Houthi anti-ship ballistic missile on Feb. 18.WorldMar 2
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Dozens more U.S., U.K. strikes target ‘deeply buried’ Houthi targetsThe strikes from the United States and United Kingdom targeted Houthi sites, including 'deeply buried' weapons caches, as well as air defence systems.CanadaFeb 5
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Panama Canal drought adds further strain on global trade amid Red Sea crisisSevere drought conditions have reduced water levels in the Panama Canal, forcing authorities to reduce ship crossings. The crisis in the Red Sea has compounded impacts on trade.WorldJan 25
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Biden says allied action hasn’t yet stopped Red Sea ship attacks by HouthisBiden said the U.S. would continue the strikes, even though so far they have not stopped the Houthis from continuing to harass commercial and military vessels.U.S. NewsJan 18
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U.S. launches missile barrage at Houthi targets in 4th day of strikesThe strikes followed the official announcement that the U.S. has put the Houthis back on its list of specially designated global terrorists.U.S. NewsJan 17
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Red Sea shipping disruption could last ‘at least a few months,’ Maersk CEO saysMaersk and other large shipping lines have instructed hundreds of commercial vessels to stay clear of the Red Sea, sending vessels on the longer route around Africa.WorldJan 17
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Global trade patterns change amid Red Sea attacksThe Iran-allied Houthi group has threatened to expand its targets to include U.S. ships in response to American and British strikes on its sites in Yemen.WorldJan 16
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How Canadian shippers are feeling the strain of the Red Sea conflictCanadian shippers are starting to feel the strain of attacks on cargo vessels in the Red Sea, as container rates rise and boats are late to arrive.CanadaJan 15
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Houthi fighters launch anti-ship cruise missile at U.S. destroyer in Red SeaThe attack on Sunday marks the first U.S.-acknowledged fire by the Houthis since America and allied nations began strikes last Friday.WorldJan 15
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