MUMBAI : Indian exporters are staring at a rise in shipping costs as freight lines are forced to avoid the Suez Canal and take a longer route around Africa to reach the West following tensions
EGYPT : The Suez Canal Authority (SCA) said Sunday that 55 ships have rerouted via the Cape of Good Hope since Nov. 19 amid attacks on ships in the Red Sea. In a statement,
It was a midsea moment of pure terror for the All-Indian crew of the MT Strinda. Their ship had just been fired upon by Yemen’s Houthi rebels. Now the Houthis were demanding that the