Sourcing Journal on MSN19h
Red Sea Crisis Costs Egypt $7 Billion in 2024 as Suez Revenues Sink
In November, 115 container vessels passed through the canal, a 72 percent drop from the 422 that passed through a year ago, ...
Fog of war: The US Navy's Red Sea Super Hornet shootdown is this fight's 2nd friendly-fire incident
The incident, though there are still many unknowns, underscores the risks of friendly fire in intense combat, especially a ...
Bloomberg L.P. on MSN2d
Red Sea Disruptions Cost Egypt $7 Billion in Suez Revenues
Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue ...
A US Navy missile cruiser shot down a Super Hornet over the Red Sea in an apparent 'friendly fire' incident
A $55.7 million F/A-18 Super Hornet aircraft was shot down over the Red Sea in an apparent case of friendly fire, CENTCOM ...
TradeWinds1d
Red Sea crisis costs Egypt $7bn as Suez Canal revenues plummet
Diverting shipping away from the Suez Canal cost Egypt nearly $7bn this year as revenues dropped by 60% year over year. The ...
2 U.S. Navy pilots eject to safety after friendly fire downs their fighter jet
The guided missile cruiser USS Gettysburg, part of a carrier strike group in the region, mistakenly fired on the jet, U.S.
freightwaves.com1d
Suez Canal revenue down 60%, but Red Sea outlook may be changing
Suez Canal revenues have suffered an abrupt 60% decline y/y as vessel operators divert services away from the Red Sea.
The New York Times6d
U.S. Fighter Jet Shot Down Over Red Sea by Apparent Friendly Fire
By Yan Zhuang and Matthew Mpoke Bigg A U.S. Navy ship mistakenly shot down an American fighter jet over the Red Sea early Sunday, the U.S. military said, highlighting the potential risks for ...
Washington Examiner3d
Houthi attacks in Red Sea develop into ‘new normal’
The Houthis attacks on vessels transiting the waterways off Yemen’s coast have become a “new normal” in the region, continuing the disruption to the global shipping industry. The number of ...