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Supply Chains in Crisis: Page 73

Maersk Again Pauses Red Sea Operations After Houthi Attack

The company said that its vessel, the Maersk Hangzhou, was targeted by Houthis in attack boats December 31.

Photo: iStock.com/Marius Steinke

Cargo Ship Damaged by Russian Mine in Black Sea, Ukraine Says

Russia says it regards all cargo ships in the Black Sea bound for Ukraine as potential military targets, and mines remain a constant threat.

Photo: iStock.com/IherPhoto

Hapag-Lloyd Says Red Sea Route Still Too Dangerous

By contrast, both Maersk and CMA CGM said they were devising plans to gradually increase the number of ships they send through the Suez Canal.

Hamburg, Germany. Photo: iStock.com/n_prause

Toyota Subsidiary Shuts Down Factories for Safety Test Investigation

The shutdown comes about a week after Daihatsu said it was suspending all vehicle shipments after it was found that the organization used improper testing for 64 vehicle models.

Photo: iStock.com/Muhammad Labib Adilah

A Unified Approach to Combating Modern Slavery in Supply Chains

Although the global business community has been confronting modern slavery for years, it hasn’t been able to slow its rise. But there is an opportunity for that to change.

Photo: iStock.com/aradaphotography

Ocean Freight Rates Likely to Spike Because of Red Sea Crisis

Almost a fifth of global container trade has already diverted away from the Red Sea and Suez Canal.

The long and more expensive way is around the Cape of Good Hope. Photo: iStock.com/Felipe Meneses

IANA Adds Call to Reopen El Paso & Eagle Pass Crossings

IANA said the prolonged closure will disrupt the equilibrium that is indispensable to the smooth functioning of the freight supply chain.

Train tracks skirt the U.S.-Mexico border wall near El Paso. Photo: iStock.com/halbergman

Railroads Urge Border Officials to Reopen U.S.-Mexico Crossings

“While the company understands this is a complex humanitarian crisis, most migrants are not crossing the border on trains,” Union Pacific said in a statement.

Bridges Crossing the Rio Grande in Eagle Pass, Texas. Photo: iStock.com/halbergman

U.S. Announces New Task Force to Counter Houthi Red Sea Threat

The attacks in the Red Sea, which handles about 12% of world trade as a key waterway for goods and energy, have emerged as a fresh threat to global supply chains.

Image: iStock.com/PeterHermesFurian

BP Suspends Oil and Gas Shipment through Red Sea

BP is the first oil company to directly halt its own shipping, after five major ocean carriers halted service through The Bab al-Mandab strait.

Gas prices are likely to rise because of disruption to shipping in the Arabian Gulf. Photo: iStock.com/jetcityimage

More Major Ocean Carriers Cease Red Sea Routes After Attacks

About 17,000 ships and 10% of global trade pass every year through The Bab al-Mandab strait, also known as the Gate of Tears, which is only 20 miles (32km) wide.

Stade, Germany. Photo: iStock.com/eyewave

Maersk Stops All Red Sea Container Ship Traffic

Maersk said December 14 that its vessel, Maersk Gibraltar, was targeted by a missile when traveling from Salalah, Oman to Jeddah, Saudi Arabia.

Photo: iStock / Marina113

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