Red Sea | ESM Magazine

Red Sea Ship Attacks Not Driving Inflation, Moody's Says

Attacks on merchant vessels in the Red Sea have delayed cargo and sent shipping costs higher, but soft demand and ample ship availability are muting the im...

Retailers Demand More Action From EU To Resolve Red Sea Crisis

European retail industry body EuroCommerce called on European Union institutions and member states to resolve the Red Sea crisis that has disrupted trade,...

Britain's Tea Supply Facing Disruption From Red Sea Crisis

Britons may have to brave a shortage of some lines of tea, one of the nation's favourite drinks, after the supermarket industry warned of a risk to supply...

Maersk Warns Oversupply To Hit Profits Amid Red Sea Uncertainty

Maersk said Red Sea trade disruptions would not be a major boost for the company and an oversupply of vessels would hit its earnings this year.

Ukraine's Black Sea Grain Export Success Tested By Red Sea Crisis

Ukraine has managed to boost its Black Sea grain exports to a level not seen since before Russia's invasion, although the Red Sea shipping crisis poses a n...