UK is ready to attack Houthi rebels, says UK Defence Secretary
LONDON : Britain is considering air strikes on Houthi rebels as the Defence Secretary, Mr. Grant Shapps warns that the UK will not hesitate to take “direct action”
Rice exports impacted by problems in Red Sea: Commerce Minister Piyush Goyal
NEW DELHI : Commerce and Industry Minister Shri Piyush Goyal on Thursday said rice exports have been impacted by the problems in the Red Sea, though a clear picture will
Shippers accuse carriers of price gouging
OSLO : Shippers and forwarders are becoming increasingly concerned about carrier price gouging on the Asia to Europe services citing massive increases in charges that are being merged
Half of Red Sea container fleet avoids route after attacks
CAIRO : Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because of the threat of attacks, according to new industry data.
US tries to persuade Shippers to sail Red Sea despite Houthi Attacks
WASHINGTON : The US military is trying to reassure shipping companies that a multinational force is making it safe to sail through the Red Sea and Suez Canal
Maersk schedules dozens of vessels to travel via Suez Canal
COPENHAGEN : Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the Red Sea in the coming days and weeks, it said on
Red Sea Crisis : Shipping industry association warns rerouting may spike costs by 80%
MUMBAI : The rerouting of ships to Europe via the Cape of Good Hope due to ongoing attacks on containers in the Red Sea could lead to an
CMA CGM close to top spot in intra- Mediterranean market
MARSEILLE : CMA CGM is about to surpass Mediterranean Shipping Company (MSC) as the largest intra-Mediterranean operator, according to Alphaliner. The French carrier has increased the number of
H-Line Shipping receives 210,000 dwt LNG dual-fuel bulk carrier
CSSC Qingdao Beihai Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has delivered a 210,000 dwt LNG dual-fuel bulk carrier, HL Hope, to H-Line Shipping. The HL
Port Houston handles nearly 3.5 million TEUs in November
TEXAS : Throughout November 2023, Port Houston managed nearly 3.5 million TEUs, reflecting a 5% decrease compared to the record volumes of the previous year. While loaded export