The situation is even causing a rise in demand for shipping containers in Asia as shippers and forwarders foresee cargo demand in the coming weeks.

Tesla is one of the first companies in the world to disclose that Houthi militant attacks in the Red Sea caused the organization to suffer output disruptions.

The resolution also called on the Houthis to release the Galaxy Leader, a Japanese-operated car carrier linked to an Israeli businessman that was commandeered by the group November 19.

BIMCO says record deliveries could push container fleet above 30 million TEU in 2024, with another 3 million TEU scheduled to be delivered 2025-2026.

Company president Koji Sato said Toyota is attempting to determine how its supply chain would be affected after suppliers Sumitomo Electric and Aisin suffered damage during the quake.

The bolts designed to keep the plug from moving off the spots were missing, said NTSB investigators, who are trying to determine if the equipment was ever installed.

Scholz defended the farmers’ right to protest, but warned about efforts by far-right groups to hijack demonstrations and destabilize the country.

Since the Houthi attacks began, an estimated 181 vessels have been rerouted around Africa, while another 26 ships are opting to drift

Some potential targets of the coalition's attacks could include launchers for anti-ship missiles and drones, as well as storage facilities for ammunition.

The company said that its vessel, the Maersk Hangzhou, was targeted by Houthis in attack boats December 31.