Qatar pauses Red Sea tankers after Western strikes on Houthis
DOHA : Qatar‘s state energy company, one of the world’s biggest liquefied natural gas exporters, has paused sending tankers through the Red Sea after US-led strikes against Houthi
Container lines ‘scramble’ to rent more ships amid Red Sea crisis
LONDON : Red Sea diversions mean container lines need more ships to carry the same amount of cargo. The security situation — which is even more precarious in
Concerned about rising attacks on ships by Yemen’s Houthi rebels, India tells Iran
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
FedEx has not seen much impact from Red Sea disruptions : CEO
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
US-owned ship hit by missile off Yemen
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
AD Ports Group and CMA CGM join forces with Ecocean to Preserve Marine Biodiversity at Khalifa Port
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,
Egypt’s Suez Canal revenues down 40% due to Houthi attacks
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,
Canals aren’t the world’s biggest shipping chokepoints
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
India explores measures to mitigate Red Sea crisis impact on export trade
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 Canal Authority ‘understands’ Maersk’s decision to use rail amid drought
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