Sep 29, 2024 (Bloomberg) –Israeli fighter jets bombed a seaport and several power stations in Yemen, its military said Sunday, following a string of attacks this month on central Israel by Iran-backed Houthi rebels.
The strikes in the Red Seaport city of Hodeidah and in Ras Issa targeted oil infrastructure, the Israeli army said in a statement. There was no immediate word on any casualties.
Residents said the Israeli strikes hit fuel storage tanks at the Hodeidah port and smoke was seen billowing from the site.
The Yemen-based Houthis claimed responsibility for two missile attacks on the Tel Aviv area on Friday and Saturday. The missiles were intercepted by Israel’s air defenses.
“The IDF is determined to continue operating at any distance — near or far — against all threats to the citizens of the State of Israel,” the Israel Defense Forces said. The strikes involved dozens of Israeli aircraft that traveled more than 1,800 kilometers (about 1,100 miles).
Israel’s strike to the south coincided with its campaign of air strikes to the north in Lebanon that have killed most leaders of Hezbollah, the Iranian-backed militia headquartered in Beirut. More than 1,000 people have been killed in Lebanon and hundreds of thousands displaced by the bombardments.
China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people familiar with the matter, in an effort to ease Beijing’s concerns over the controversial deal.
The Port of Long Beach experienced a significant 8.2% decline in cargo throughput in May, processing 639,160 TEUs as tariffs continue to impact global trade flows. The neighboring Port of...
By Lori Ann LaRocco – A key supply chain data point is flashing red, warning that the pullback in freight orders will continue. Empty container exports is a forward-looking indicator...
June 16, 2025
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