Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
AFP: France's new PM Sebastein Lecornu resigns just hours after unveiling cabinet.
Trump: Technical teams will meet again on Monday in Egypt to discuss and clarify the final details, and the first phase is scheduled to be completed this week
US President Donald Trump: Talks with Hamas have been very successful and are moving at a rapid pace
Local sources in Aleppo: Violent clashes erupt between the SDF and factions affiliated with the transitional authority on the Deir Hafer and Tishrin Dam fronts in the eastern Aleppo countryside
Israeli media: Interceptor missiles fired in an attempt to shoot down the drone
IOF Spokesperson: Sirens sounded amid suspected "enemy aircraft" infiltrating the Eilat area
Israeli media: "Israel" won the battle but lost the war strategically and politically
Israeli media: Ben Gurion Airport's airspace closed to air traffic following missile launch from Yemen
Israeli media: Echoes of several explosions heard in central occupied territories
United States: A federal judge temporarily blocks President Donald Trump from deploying 200 Oregon National Guard troops to Portland

China-owned shipping giant halts trips to 'Israel' amid Red Sea ops.

  • By Al Mayadeen English
  • Source: Agencies
  • 7 Jan 2024 17:32
  • 7 Shares
3 Min Read

Cosco is the fourth largest shipping firm in the world and dominates China's EV exports to the occupation entity.

  • x
  • China-owned shipping firm suspends trips to 'Israel' over Red Sea ops.
    Containers of Chinese companies China Shipping and Cosco loaded on a container as it is leaving the port in Hamburg, Germany March 11, 2020 (Social media)

Chinese state-owned shipping giant Cosco (China Ocean Shipping Company) announced suspending all "Israel"-bound vessels, joining a growing list of same-sector companies halting shipments to the occupation entity in light of Yemeni operations in the Red Sea.

Cosco is the fourth largest shipping firm in the world and holds 11% of the trade market share.

Last year, it launched a new shipping route to deliver China-made vehicles to "Israel" through the port of "Eilat" (occupied Umm al-Rashash), becoming one of the top competitors to the Israeli ZIM shipping company, previously dominating this business. ZIM had also rerouted its vessels away from the Red Sea two months ago and hiked shipping rates over the Yemeni operations.

Read more: Malaysia imposes docking ban on Israeli ships, vessels heading there

The economic effect of Cosco's decision will certainly be felt throughout the Israeli entity.

In the past few years, and as China's car industry boomed, Chinese companies considered the Israeli market to be an entry point to Europe.

Related News

How Trump cornered Netanyahu into Gaza ceasefire plan: FT

Israeli occupation admits 1,152 soldiers killed since October 7

During the initial two months of 2023, the occupation entity emerged as the third-largest destination for Chinese automobile exports. As of late last year, China-made vehicles accounted for 17.47% of all deliveries in the Israeli market, a substantial leap from the 4.8% in 2022.

Additionally, Chinese vehicle brands, including Teslas manufactured in China, dominated the electric vehicle EV sector in "Israel," commanding a 70% market share.

Read more: Ships captured in Yemen to only leave on Palestine's terms: Exclusive

Yemen in support of Gaza

Since "Israel" launched its brutal war on Gaza, the United States has been working discreetly to prevent the outbreak of a more extensive war involving multiple countries. On the other hand, Washington has also shot down all efforts to end the aggression, including the vetoing of several UNSC resolutions, which garnered majority backing, calling for a ceasefire.

In response to the ongoing genocide in Gaza and in support of its besieged people, Sanaa announced last November the launching of a set of measures against the Israeli entity, to pressure the US and "Tel Aviv" to end the war.

The measures included striking Israeli targets in occupied Palestine, mainly "Eilat" (occupied Umm al-Rashash), and banning all Israeli, Israeli-affiliated, and "Israel"-bound ships from crossing the Red and Arabian seas, with a consequence of becoming targets to the Yemeni Armed Forces if they failed to comply.

Meanwhile, Sanaa repeatedly stressed that its operations will only affect the mentioned vessels, confirming that navigation is completely safe for all others while vowing that attacks will not stop until the war on Gaza stops.

  • Palestine
  • Al-Aqsa Flood
  • Sanaa
  • Israel
  • Yemen
  • China
  • Gaza
War on Gaza

War on Gaza

Most Read

Hamas fighters stand in formation ahead of a ceremony to hand over Israeli captives to the Red Cross in Nuseirat, Gaza Strip, Feb. 22, 2025. (AP)

Hamas reviews Trump’s Gaza ceasefire plan as PIJ rejects

  • Palestine
  • 30 Sep 2025
Iraq at a crossroads: A new war front?

Iraq at a crossroads: A new war front?

  • West Asia
  • 30 Sep 2025
A Hamas fighter in combat fatigues stands before the ceremony for the handover of Israeli captives to the Red Cross in Nuseirat, central Gaza Strip, Saturday, February 22, 2025 (AP)

Hamas responds to Trump plan, backs Gaza withdrawal, exchange

  • Politics
  • 3 Oct 2025
Tucker Carlson speaks at a memorial for Charlie Kirk, Sunday, September 21, 2025, at State Farm Stadium in Glendale, Arizona (AP)

Tucker Carlson: Israeli officers gave orders on Iran inside Pentagon

  • Politics
  • 2 Oct 2025

Coverage

All
War on Gaza

Read Next

All
French far-left leader Jean-Luc Melenchon, listens to France Unbowed party parliament member Mathilde Panot during a demonstration after a Gaza-bound aid flotilla was illegally raided by the IOF, Thursday, Oct. 2, 2025 in Paris (AP)
Politics

French MPs on hunger strike after their detainment in 'Israel'

Gaza residents fear trap as Trump’s plan offers little relief
Politics

Flying promises and bombs: Gazans hopeful, yet deeply distrustful

Two years of destruction: Gaza endures war, famine, and displacement
Politics

UNRWA details Gaza's two years under war, famine, and displacement

In this photo provided by the North Korean government, North Korean leader Kim Jong Un, center, visits a military hardware exhibition in Pyongyang, Notrh Korea Saturday, Oct. 4, 2025 (AP)
Politics

DPRK's Kim unveils new advanced weapons at 'Defiance Development 2025'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS