India-bound oil tanker hit by missile in Red Sea attack
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
Expect marginal impact of Red Sea crisis on tyre industry, says JK Tyre MD and ATMA Chairman
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
International Trade Groups call for Maritime Security in Red Sea
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
Houthis claim new attacks on Red Sea Shipping headed to India
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
WSC, BIMCO and ICS issue joint statement on joint international statement on Red Sea attacks
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
Red Sea crisis: Costs up, but no adverse impact on India’s trade so far, says official
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
Red Sea attacks force firms to test new land routes via UAE, Saudi
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
Red Sea attacks: US, UK, allies strike Yemen’s Houthi-controlled areas
WASHINGTON : Militaries from the United States and the United Kingdom conducted additional strikes against the Houthi-controlled areas in Yemen on Saturday, US Defence Secretary Lloyd Austin has
Red Sea attacks force firms to test new land routes via UAE and Saudi Arabia
YEMEN : 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
Box lines launch Red Sea services despite Houthi risks
SINGAPORE : Mainline operators which are still offering Red Sea services are configuring their routes to transit the troubled region. Hapag-Lloyd has launched an ad hoc Jeddah Express