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China's COSCO halts shipping to Israel

 Update: 14:56, 9 January 2024

China's COSCO halts shipping to Israel

Chinese state-owned multinational conglomerate China COSCO Shipping Corporation Limited, commonly known as COSCO, has suspended shipping to Israel, Israeli financial news website Globes reports.

The report, which did not include details behind the decision, came as shipping lanes in the Red Sea have been disrupted by attacks carried out by Iranian-backed Houthi militants in Yemen.

COSCO offices in Israel declined comment. Israeli port officials said they were checking the report.