January 4, 2024
March 19, 2026
January 4, 2024
Yemen’s Houthis say they ‘targeted’ container ship CMA CGM Tage, no damage reported
NEW YORK : Yemen’s Iran-backed Houthis said on Wednesday they had “targeted” a container ship bound for Israel, a day after the US Central Command (CENTCOM) said the militant group had fired two anti-ship
January 4, 2024
Italian container line Kalypso files for bankruptcy amid ongoing conflict between Israel and Hamas
ROME : Italian startup container line Kalypso has filed for bankruptcy following a collapse in freight rates and the disruption of its services to Israel, reported Italian media. The freight forwarder Rif Line launched
January 3, 2024
ONE announces Japan Taiwan Cat Lai (JTC) Service
SINGAPORE : Ocean Network Express (ONE) has unveiled its latest service – the Japan Taiwan Cat Lai (JTC) Service. JTC is designed to offer customers enhanced connectivity through new direct services, ensuring swift transit
January 3, 2024
Red Sea attacks disrupt global trade, experts weigh in on potential impact on freight costs
NEW DELHI : In the aftermath of attacks by Houthi rebels in the Red Sea, global trade is grappling with heightened freight costs. The situation escalated when Houthi rebels targeted a Singapore-flagged Maersk container,
January 3, 2024
Inchcape Shipping Services acquires major stake in Leth Suez Transit
LONDON : UK-based shipping servicer Inchcape Shipping Services has announced an investment for a majority stake in Leth Suez Transit (LETH) to strengthen operations. Through the acquisition, LETH aims to use Inchape’s global network
January 3, 2024
Mawani” promoted the Kingdom’s leadership with investment projects worth 13 billion riyals in 2023
RIYADH : During 2023, the Saudi Ports Authority “Mawani” strengthened the maritime and logistics sectors, contributing to the Kingdom’s exceptional leaps in international indicators and solidifying its position as a global logistics center. These
January 2, 2024
Indian Navy enhances surveillance in Arabian Sea, Gulf of Aden
NEW DELHI : The Indian Navy has significantly enhanced its surveillance apparatus in the Arabian Sea and the Gulf of Aden by deploying frontline destroyers and frigates in view of recent incidents of attacks on merchant vessels. Liberian-flagged cargo vessel
January 2, 2024
Shipping – Not a gentleman’s game anymore : Amitabh Kumar
The United Nations Convention on the Laws of the Seas (UNCLOS) grants ships of all States, whether coastal or land locked the right of innocent passage through the territorial sea. The convention further provides
January 2, 2024