Our Privacy Statement & Cookie Policy

By continuing to browse our site you agree to our use of cookies, revised Privacy Policy and Terms of Use. You can change your cookie settings through your browser.

I agree

Red Sea container shipping down 30% over attacks: IMF


Container shipping through the Red Sea has dropped by almost one-third this year as attacks by Yemen's Houthi continue, the International Monetary Fund (IMF) said Wednesday.

"Container shipping... has declined by almost 30 percent," said Jihad Azour, director of the IMF's Middle East and Central Asia department, adding that "the drop in trade accelerated in the beginning of this year."

Source(s): AFP
Search Trends