MSC container ship ‘MSC United VIII’ attacked in Red Sea by Houthis
GENEVA : The world largest Shipping Line Mediterranean Shipping Company (MSC) has confirmed that one of its container ships was attacked on Tuesday while transiting the southern Red Sea. A statement from the group
What does Maersk’s move to resume Red Sea transits say?
COPENHAGEN : The 24 December move by Danish container shipping giant Maersk Line Ltd to prepare for allowing its ships to resume transits through the Red Sea/Gulf of Aden that were paused earlier this month in the
Container freight rates surge along India-Europe maritime route amid Red Sea risks
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
Hapag-Lloyd to decide today about resuming Red Sea routes operation
HAMBURG : Hapag-Lloyd will decide on Wednesday whether to resume journeys through the Red Sea, a spokesperson said on Tuesday as Maersk prepared to return to the area after a U.S.-led operation began providing safety
Freight rates on Indian trades move up amid Suez Canal routing disruptions
MUMBAI : After a long streak of declining trends, container freight rates on major trades out of India have begun to rise amid carrier routing disruptions through the Suez Canal, according to the latest
Egypt and Jordan agree to operate new maritime route, an alternative to shipping via the Red Sea
CAIRO : Jordan is considering alternatives route for shipping and maritime transport, in light of the ongoing turmoil in the Red Sea, including operating the land and sea transport line with Egypt, according to a report
Iran-Backed Forces widen their attacks on Commercial Shipping
WASHINGTON : Escalating Iran-backed attacks against global commercial shipping in the Red Sea have heightened pressure on the Biden administration as officials scramble to protect trade while trying to avoid a direct confrontation with
Again another cargo ship hit by drone, on the way to India; was fired by Houthis : US
MUMBAI : A Gabon–flagged commercial oil tanker on its way to India with 25 crew, all of them Indian nationals, came under a drone attack in the southern Red Sea though no casualty was
