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Mubi Acquires Na Hong-Jin’s Korean Thriller ‘Hope,’ Starring Michael Fassbender, Alicia Vikander and Hoyeon, For Multiple Territories Ahead of Cannes Premiere

5 May 2026 at 10:00
Mubi is once again flexing it financial muscle ahead of Cannes, picking up one of the buzziest films heading to this year’s festival. The arthouse distributor and production company has acquired Na Hong-Jin’s (“The Wailing,” “The Yellow Sea”) sci-fi action thriller “Hope” for multiple territories, including Latin America, Italy, Spain, Germany, Austria, Switzerland, and Turkey. […]

Iran war redraws global sea routes, pushing Asia–Europe traffic around Africa as Hormuz and Red Sea choke

1 May 2026 at 13:00

Malay Mail

PARIS, May 1 — The closure of the Strait of Hormuz as well as tensions in the Red Sea are reshaping trade routes, with Africa becoming a hub of global container ship traffic, according to logistics and maritime sources.

Over the past two months, the blockade has also pushed shipowners to find alternative land corridors to deliver foodstuffs and manufactured goods by truck, as they can no longer reach the Gulf’s coastal countries by sea.

What are the alternative routes for delivering to Gulf countries? 

The Saudi port of Jeddah on the Red Sea is becoming a new regional “hub”, where ships from maritime giants MSC, CMA CGM, Maersk and Cosco arrive via the Suez Canal.

Cargo then leaves by truck along a desert highway to deliver to places such as Sharjah, Bahrain and Kuwait, which have not been served by sea for the past two months.

“The port of Jeddah is not at all sized to handle such import volumes and a port congestion situation is emerging,” Arthur Barillas de The, cofounder of freight forwarder Ovrsea, told AFP.

According to data from Kpler Marine Traffic, 11 container ships were docked in Jeddah yesterday, with nine waiting, and an average wait of 36 hours before unloading compared to 17 hours the previous week.

A picture taken March 1, 2022 shows a view of cranes and shipping containers at a loading dock of Jeddah’s Islamic Seaport on Saudi Arabia’s western Red Sea coast. Locally, over the past two months, the blockade of the Strait of Hormuz has also prompted shipowners to find alternative land routes to deliver, by lorry, foodstuffs and manufactured goods that can no longer reach the Gulf’s coastal countries by sea. — Reuters pic
A picture taken March 1, 2022 shows a view of cranes and shipping containers at a loading dock of Jeddah’s Islamic Seaport on Saudi Arabia’s western Red Sea coast. Locally, over the past two months, the blockade of the Strait of Hormuz has also prompted shipowners to find alternative land routes to deliver, by lorry, foodstuffs and manufactured goods that can no longer reach the Gulf’s coastal countries by sea. — Reuters pic

Shipowners have said they will use three ports outside the Strait of Hormuz — Oman’s Sohar, and the UAE ports of Khorfakkan and Fujairah, which are connected by land from the United Arab Emirates.

The port of Aqaba in Jordan serves as a base for sending goods to Baghdad and Basra in Iraq, while a Turkish corridor is also allowing goods into northern Iraq.

On international routes, why are Asia-Europe container ships avoiding the Suez Canal? 

The situation started well before the war in Iran but is very much connected to the conflict.  Avoiding the Red Sea from the Bab al-Mandeb Strait to the Suez Canal dates back to November 19, 2023 and the first attack on a container ship by Iran-backed Houthi militias from the coast of Yemen, said CyclOpe, a specialist commodities publication.

The rerouting of ships has now become systematic, said Ronan Boudet, head of container intelligence at Kpler.

They skirt around Africa by following its eastern coast as far as the Cape of Good Hope in southern South Africa before heading back north towards Europe and the Mediterranean.

“With the current situation in the Gulf, we have put several more coins in the machine, it’s not going to get better anytime soon,” Edouard Louis-Dreyfus, chairman of French shipping giant Louis Dreyfus Armateurs, told AFP.

“Today, 70 per cent of the freight traffic that went through the Red Sea in 2023 is being rerouted via the Cape of Good Hope,” added Yves Guillo, a supply chain expert at Efeso, a management consultancy in Paris.

According to data from the International Monetary Fund’s PortWatch platform based on ships’ GPS signals, commercial vessel traffic via the Cape of Good Hope has more than tripled in three years, while traffic through the Bab al-Mandeb Strait has fallen by more than half.

Between March 1 and April 24 this year, an average of 20 commercial vessels went round the Cape of Good Hope every day compared with six in the same period in 2023.

By comparison, traffic in the Red Sea has plummeted: from 18 transits per day through Bab al-Mandeb between March and April 2023, the average fell to five three years later.

People sit on a bench on the Sheikh Jaber al-Ahmad al-Sabah Causeway as a Zhonggu Shipping container ship sails past on its way towards the port of Shuwaikh in Kuwait City on February 28, 2026. — Reuters pic
People sit on a bench on the Sheikh Jaber al-Ahmad al-Sabah Causeway as a Zhonggu Shipping container ship sails past on its way towards the port of Shuwaikh in Kuwait City on February 28, 2026. — Reuters pic

What are the consequences? 

Transport times have lengthened between Asia and Europe by an average of two weeks and costs have risen because 30 to 50 per cent more fuel is needed and 10 to 20 per cent more ships to ensure the same frequency of service, said Guillo.

The average price to transport a standard 40-foot container on the main shipping routes increased by 14 per cent in April compared to the same period last year, he added, citing changes in the Drewry freight index.

Large differences exist between routes: some African ports are seeing their activity increase. The Tanger Med Port Authority said it handled 11 million standard containers in 2025 — up 8.4 per cent.

But Egypt lost toll revenues from the Suez Canal, which make up a large part of its income. According to CyclOpe, in 2024 it lost US$7 billion — a drop of more than 60 per cent compared with 2023. — AFP

 

  • ✇LIFE
  • Muhammad Ali’s Big Night at the Theater Bill Syken
    In 1968 Muhammad Ali had plenty of time to go see a show. The previous year he had refused his induction into the draft because of his religious beliefs and his objections to the war in Vietnam. As a result he was stripped of the heavyweight title and also his boxing license. He could no longer ply the trade that had made him famous around the world. But he could go to the Broadway premiere of The Great White Hope. The shot by LIFE photographer Bob Gomel of Ali posing with his fists raised ou
     

Muhammad Ali’s Big Night at the Theater

24 February 2026 at 21:10

In 1968 Muhammad Ali had plenty of time to go see a show. The previous year he had refused his induction into the draft because of his religious beliefs and his objections to the war in Vietnam. As a result he was stripped of the heavyweight title and also his boxing license. He could no longer ply the trade that had made him famous around the world.

But he could go to the Broadway premiere of The Great White Hope. The shot by LIFE photographer Bob Gomel of Ali posing with his fists raised outside the theater marquee is the most popular image of Ali in the LIFE photo store, and it’s one that has deep resonance if you know the story behind it.

The play was a fictionalized version of the life of Jack Johnson, the first Black boxer to become heavyweight champion of the world. After becoming champ Johnson’s successful title defense against a heavily hyped white challenger set off race riots around the country. So like Ali, Johnson knew what it was like to be at the center of a national maelstrom.

LIFE’s story about Ali at the premiere happened to be written by a true journalistic heavyweight, Pete Hamill. Hamill captured the scene outside the theater of Ali being given a king’s welcome at a time when his political stances had made him a pariah to many Americans. “You see, they know who the real champion is,” Ali said as fans surrounded him. “They don’t forget. All the rest is sparring partners.”

Inside the theater Ali couldn’t help but notice the similarities between his own story and that of the embattled Johnson. “Hey, this play is about me,” Ali remarked. “…Only the details are different.”

After the show Ali went to meet to the star of the show, James Earl Jones. When Ali arrived backstage, Jones was in the shower. The boxer hollered, “Get out of the shower, Jack Johnson. Muhammad Ali’s here.”

Jones came out and the two men chatted while Jones was still in his bathrobe. Ali told the actor how with a few changes, the story of The Great White Hope would be the story of Ali. To which Jones responded, “Well, that’s the whole point.”

Even while Ali was at that moment in time caught up in strife and barred from boxing—he would come back in 1970 after losing three and a half years of his prime—Ali declared on the night of the premiere that he had no regrets about his choices.

“I’m happy,” Ali said, “’cause I’m free. I’ve made the stand all black people are gonna have to make sooner or later: whether or not they can stand up to the master.”

Muhammad Ali at the Broadway premiere of the play “Great White Hope,” 1968.

Bob Gomel/Life Picture Collection/Shutterstock

Muhammad Ali at the Broadway premiere of the play “Great White Hope,” 1968.

Bob Gomel/Life Picture Collection/Shutterstock

Muhammad Ali at the Broadway premiere of the play “Great White Hope,” 1968.

Bob Gomel/Life Picture Collection/Shutterstock

Muhammad Ali posed in front of a promotional image at the Broadway premiere of the play “Great White Hope,” 1968.

Bob Gomel/Life Picture Collection/Shutterstock

Muhammad Ali spoke with actor James Earl Jones after the Broadway premiere of “The Great White Hope,” in which Jones starred, 1968.

Bob Gomel/Life Picture Collection/Shutterstock

The post Muhammad Ali’s Big Night at the Theater appeared first on LIFE.

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