Some pundits estimate the cost of transporting a container from Asia to Piraeus had almost tripled, from €2,000 to €6,000-€7,000, since the crisis with the Houthis broke out at the end of November 2023
Major cruise lines are avoiding the area by canceling or adjusting itineraries, and have not scheduled any passage in the area until the Spring
Greek forces reportedly manning AA missile system in Saudi Arabia; F-16s participating in multinational exercises
The European Union’s defense ministers last week agreed to field an operation, code-named “Aspides”, in the Red Sea against rebel Houthi attacks on shipping
The Greek-owned ship was hit by a missile attack on Tuesday afternoon, sustaining damage from the strike but continued its course
The Malta-flagged ship sustained “minor damage”, according to maritime sources
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