Baltic Index at over 1-year low as rates decline across segments
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a sixth straight session on Tuesday to an over one-year low as rates
Houthi rebels to halt military operations against most ships in Red Sea
NEW YORK : Houthi rebels have said they will halt their military operations against most ships in the Red Sea, tanker chartering sources and brokers in Singapore, Tokyo and Dubai told S&P Global Commodity
Maritime sources expect Houthis to halt Red Sea attacks after Gaza deal
LONDON : Maritime security officials said, on Thursday, they were expecting Yemen’s Houthi rebels to announce a halt in attacks on ships in the Red Sea, after a ceasefire deal in the war in
Shipping risks via Red Sea remain elevated despite Israel-Hamas ceasefire
LONDON : Most shipping companies and charterers will continue to route their tankers and cargoes via the longer Cape of Good Hope for the time being, despite the ceasefire agreement between Israel and Hamas,
Houthi attacks another container ship in Arabian Sea
SANAA : Yemen’s Houthi rebels claimed a drone attack on a Maersk container ship in the Arabian Sea on Dec. 27, stoking renewed concerns over Red Sea shipping amid another flare-up in attacks. In
Attacks on vessels in Red sea impact our trade: Centre tells Parliament
NEW DELHI : India remains “concerned” at the evolving situation in West Asia and attacks against commercial vessels in and around the Red Sea threaten freedom of navigation and “impact our trade”, the government
Senior Maritime Law Enforcement and Regulatory Officers gather to strengthen fight against Piracy and Sea Robbery in Asia
INCHEON : The ReCAAP Information Sharing Centre (ISC), with the support of the Republic of Korea Ministry of Oceans and Fisheries, also the Focal Point for Republic of Korea, concluded a five-day Capacity Building
ICG rescues seven Indian fishermen caught by Pakistan Navy, two-hour drama unfolds at sea
NEW DELHI : The Indian Coast Guard (ICG) Ship Agrim rescued seven Indian fishermen after a two-hour pursuit of the Pakistan Maritime Security Agency (PMSA) ship PMS Nusrat. The incident occurred on Sunday near