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Car shipper Wallenius Wilhelmsen sees up to $10 million hit from Baltimore disaster
LONDON (Reuters) - Norwegian car shipping firm Wallenius Wilhelmsen estimates a $5 million to $10 million hit to core earnings from last week's U.S. Baltimore bridge collapse and expects the key ship ...
Thomson Reuters Apr 03, 2024
Oil prices rise more than 2% after US, Britain strikes in Yemen
By Sudarshan Varadhan SINGAPORE (Reuters) - Oil prices rose more than 2% on Friday as the United States and Britain carried out strikes against Houthi military targets in Yemen in retaliation for atta...
Thomson Reuters Jan 12, 2024
Reactions to US, British strikes against Houthis in Yemen
WASHINGTON (Reuters) - The United States and Britain launched a series of strikes on Yemen on Thursday aimed at the Iran-backed Houthi militia that started targeting international shipping in the Red ...
Thomson Reuters Jan 12, 2024
Yemen's enigmatic Houthi leader is fierce battlefield commander
By Michael Georgy and Aziz El Yaakoubi DUBAI/RIYADH (Reuters) -Abdul Malik al-Houthi, enigmatic leader of Yemen's Houthi fighters whose attacks on Red Sea shipping have drawn fire from the U.S. and Br...
Thomson Reuters Jan 12, 2024
Biden warns of more strikes on Yemen's Houthis if Red Sea attacks persist
By Nandita Bose and Mohammed Ghobari WASHINGTON/ADEN (Reuters) - President Joe Biden vowed further military action against Yemen's Houthi forces if they keep up their attacks on shipping in the Red Se...
Thomson Reuters Jan 13, 2024
Biden: US delivered private message to Iran about Houthi attacks
By Steve Holland and Nandita Bose WASHINGTON (Reuters) - President Joe Biden said on Saturday the United States had delivered a private message to Iran about Iran-backed Houthis responsible for attack...
Thomson Reuters Jan 13, 2024
Hapag-Lloyd, Maersk sign long-term collaboration deal
FRANKFURT (Reuters) -Hapag-Lloyd and Maersk have signed an agreement for a new long-term collaboration starting February 2025 with a combined capacity of 3.4 million containers (TEU), the two shipping...
Thomson Reuters Jan 17, 2024
Suez Canal diversions pile pressure on Egypt's distressed economy
By Patrick Werr CAIRO (Reuters) - A sharp downturn in revenue after sea attacks by Yemen's Houthis diverted away shipping away from the Suez Canal has struck a painful new blow to Egypt's already dete...
Thomson Reuters Jan 18, 2024
U.S. sanctions UAE shipping firm for violating Russian crude oil price cap
WASHINGTON (Reuters) - The U.S. Treasury on Thursday said it imposed sanctions on a United Arab Emirates-based shipping company for violating the $60-per-barrel price cap on Russian crude oil exports ...
Thomson Reuters Jan 18, 2024
Yemen's Houthis say they do not seek to expand Red Sea attacks
By Samia Nakhoul DUBAI (Reuters) - Yemen's Houthis have said they did not intend to expand their attacks on shipping in and around the Red Sea further, beyond their stated aims of blockading Israel an...
Thomson Reuters Jan 19, 2024