NEW DELHI : India on Monday raised concerns with Iran about the increasing number of attacks on merchant ships in the Red Sea by Tehran-backed Yemen’s Houthi rebels. “There has
NEW YORK : U.S. parcel delivery giant FedEx Corp said that it hasn’t seen much of a shift to air freight due to disruptions in the Red Sea that
LONDON : Missile fire struck a ship just off the coast of Yemen in the Gulf of Aden, the British military said. Trade Operations said the attack happened
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics, and industry, CMA CGM Group, a global player in maritime, land, air and logistics solutions,
CAIRO : Dollar revenues from Egypt’s Suez Canal are down 40% from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday,
CAIRO : When traffic through the Suez Canal ground to a halt in 2021, the extraordinary cost and disruptions to global commerce seemed overwhelming. But 5,000 miles from
NEW DELHI : Ιndian government and shipping industry stakeholders have realised the urgency to deal with growing trade challenges from the Red Sea shipping crisis, as market rating
PANAMA CITY : The Panama Canal Authority said on January 12 that it “understands” clients’ decisions to turn to alternative shipping methods as the canal faces restrictions due
YEMEN : The US military conducted strikes on a Houthi-controlled site in Yemen early on Saturday, which it deemed a threat to commercial vessels in the Red Sea, according
OSLO : Verifiable costs for transiting the African Cape rather than the Suez Canal are around US$1,000 per box according to Xeneta Chief Analyst Mr. Peter Sand, who