Tesla Berlin to stop most output for two weeks due to Red Sea disruption

[ad_1] Tesla will suspend most car production at its factory near Berlin from Jan. 29 to Feb. 11, the company said late on Thursday, citing a lack of components owing…

European Shipping Stocks Rise After US, UK Airstrikes on Houthis

[ad_1] Shipping and energy stocks extended gains on Friday, after the US and UK launched airstrikes on Houthi targets in Yemen, sending crude higher and stoking expectations that shipping rates…

Here’s how the Houthi attacks in the Red Sea threaten the global supply chain

[ad_1] A container ship sails through the new section of the Suez Canal in the Egyptian port city of Ismailia, 135 kms northeast of the capital Cairo on October 10,…

Maersk Tells All Its Container Ships to Pause Red Sea Voyages

[ad_1] Spiraling attacks on merchant ships by Houthi militants off the coast of Yemen have prompted widespread trade disruption with some of the world’s biggest vessel owners evaluating whether it’s…