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Reuters

Reuters

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World

DP World says sea freight prices could fall 20% if Red Sea attacks curbed

Reuters
Summary
Nutrition label

81% Informative

DP World's deputy chief executive Yuvraj Narayan says ships not linked to Israel could return to Red Sea in as little as two weeks .

Yemen 's Houthis have carried out more than 100 attacks on ships since November 2023 .

Many of the world's biggest shipping companies have diverted vessels away from the Red Sea , travelling around the southern tip of Africa instead.

Narayan said that has tied up at least 30% more capacity than usual.

VR Score

91

Informative language

96

Neutral language

89

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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no external sources

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