NEW DELHI : India has deployed missile destroyers in the Arabian Sea following the drone attack on a chemicals tanker off its west coast as market participants cautioned December 26 that previously-stable war risk
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 Wednesday, in a further sign that
NEW DELHI : In its November 2023 monthly report, the Indian Navy’s Information Fusion Centre – Indian Ocean Region (IFC-IOR) emphasised the increasing peril of drone attacks in the Red Sea and Northern Arabian
MUMBAI : Container freight rates along major trade routes between India and Europe have surged following the emergence of security risks to shipping companies. Sources said that the freight (freight) rate for the trade
NEW JERSEY : Shippers have diverted about $65 billion worth of cargo away from the Red Sea as they face the threat of attacks from Houthi militants in Yemen. Carriers are re-routing vessels as