Rubymar sinks, with cargo of fertiliser a threat to Red Sea ecosystem
General-cargo ship Rubymar, abandoned in the Red Sea with its cargo of fertiliser, finally went ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
In terms of a freight market, Yemen is of relatively little importance, but when chaos engulfs a country, shipping is always affected, especially if it imports some 90% of its food. The leading container lines have all stopped making direct calls to the two main ports of Aden and Hodeida, with shipping bodies warning that if the port comes under the control of anti-government rebels, trading vessels could come under fire from coalition forces. Of course, the country also sits at a critical juncture, at the entrance to the Red Sea and the approach to the Suez Canal. As yet however, the fighting has yet to cause any major disruptions to the Bab el-Mandeb straits that form the gateway to the Red Sea.
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