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
GANDHINAGAR : When complete, the Gujarat International Finance-Tec (GIFT) City will provide living and working spaces for around 10 lakh people, even as changes in the regulatory framework
NEW DELHI : External Affairs Minister Shri S Jaishankar is set to visit Iran on Monday amid growing concerns over escalation of tensions in West Asia. The visit follows the US-UK forces’ attack on Houthi military positions
LONDON : The United States and the United Kingdom joined forces to launch a retaliatory attack against Iran-based rebel group Houthis in Yemen shortly after the group claimed
COPENHAGEN : AP Moller-Maersk will use rail transport to avoid the drought-hit Panama Canal, the Danish shipping giant said late on Wednesday, as low water levels have caused one of the world’s main maritime trade routes to
In the midst of the rise in Houthi attacks on cargo ships across the Red Sea, many vessels are now using their signals to indicate that they have
BANDAR ABBAS : Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in what appeared to be a retaliation for the seizure last year of
MOMBASA : The Port of Mombasa is attracting global shipping lines as a result of its efficiency with a leading Korean shipping line docking at the port on
HAMBURG : Hapag-Lloyd announced a General Rate Increase (GRI) / General Rate Adjustment (GRA) for cargo transported in 20′ and 40′ dry, reefer and special containers, including high
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