February 16, 2026
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Capital goods, fertilisers most impacted sectors amid Red Sea trade disruptions: Crisil Report

February 22, 2024 Export - Import, Business, International Shipping, Trade, Trending News
MUMBAI : Sectors such as capital goods and fertilisers have been the most impacted amid the ongoing crisis around the Red Sea, a Crisil Market Intelligence and Analytics report stated while assessing the sectoral

EU launches mission to protect Red Sea shipping

February 20, 2024 International Shipping, Defence, Maritime, Trending News
BRUSSELS : The European Union on Monday officially launched a mission to help protect international shipping in the Red Sea from attacks by Yemen’s Huthis, EU Chief Ursula von der Leyen said. “Europe will ensure freedom of navigation in

UK-Registered Cargo Ship reported under Attack by Houthis in Bab al-Mandab Strait : Ambrey

February 19, 2024 International Shipping, Defence, Maritime, Trending News
CAIRO : British maritime security firm Ambrey said on Sunday that a Belize-flagged, UK-registered and Lebanese-operated open hatch general cargo ship reported being under attack in Bab al-Mandab Strait. The United Kingdom Maritime Trade Operations

India-bound oil tanker hit by missile in Red Sea attack

February 17, 2024 International Shipping, Maritime Piracy, Trending News
YEMEN : A Panamanian-flagged tanker carrying crude oil bound for India was struck with a missile in the Red Sea, the U.S. State Department said on Friday. The missile launched from Yemen hit the

Expect marginal impact of Red Sea crisis on tyre industry, says JK Tyre MD and ATMA Chairman

February 14, 2024 Export - Import, International Shipping, Trade, Trending News
NEW DELHI : While numerous automakers have witnessed some increase in ocean freight costs due to the ongoing Red Sea crisis, homegrown tyre maker JK Tyre and Industries asserts that it does not foresee

International Trade Groups call for Maritime Security in Red Sea

February 13, 2024 Export - Import, International Shipping, Logistics, Maritime, Trade, Trending News
NEW YORK : More than 100 industry trade associations representing the apparel, retail, energy, agriculture, electronics and medicine sectors have formed a global coalition to safeguard Red Sea commerce. On Thursday, the American Apparel & Footwear

Houthis claim new attacks on Red Sea Shipping headed to India

February 7, 2024 International Shipping, Maritime, Trending News
YEMEN : The Houthi Movement in Yemen says it has fired missiles at two ships in the Red Sea, apparently undeterred by US and UK strikes on the group. The group’s leader Abdul Malik

WSC, BIMCO and ICS issue joint statement on joint international statement on Red Sea attacks

February 6, 2024 International Shipping, Maritime, Trending News
LONDON : The World Shipping Council, the International Chamber of Shipping and BIMCO expressed their thanks to the 12 nations that have jointly condemned the ongoing illegal attacks on ships in the Red Sea

Red Sea crisis: Costs up, but no adverse impact on India’s trade so far, says official

February 5, 2024 Export - Import, International Shipping, Logistics, Trade, Trending News
MUMBAI : There is no adverse impact on India’s exports and imports so far due to the Red Sea crisis, an official said. The official said that the transportation cost has increased as the shippers are

Red Sea attacks force firms to test new land routes via UAE, Saudi

February 5, 2024 International Shipping, Logistics, Shipping Line, Trade, Trending News
CAIRO : An Israeli software startup and one of the world’s biggest shipping lines are among companies that for the first time are opening up commercial trade routes running through the heart of the Middle East to bypass
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