US launches fourth round of strikes on Houthi targets in Yemen
WASHINGTON : The US has carried out a fourth round of strikes on Iranian-backed Houthis in Yemen, Pentagon officials confirmed on Wednesday night. Some 14 Houthi missiles, which
Maersk CEO sees Red Sea Shipping disruption lasting ‘at least a few months’
DAVOS : Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels in the Red Sea will probably last at least a few months. Maersk
Attacks on ship in Red Sea would impact India’s energy and economic interests: S Jaishankar
NEW DELHI : In the ongoing conflict, the Houthi rebels in Yemen have targeted ships, including those with connections to Israel in the Red Sea. This has led
Qatar pauses Red Sea tankers after Western strikes on Houthis
DOHA : Qatar‘s state energy company, one of the world’s biggest liquefied natural gas exporters, has paused sending tankers through the Red Sea after US-led strikes against Houthi
Concerned about rising attacks on ships by Yemen’s Houthi rebels, India tells Iran
NEW DELHI : India on Monday raised concerns with Iran about the increasing number of attacks on merchant ships in the Red Sea by Tehran-backed Yemen’s Houthi rebels. “There has
Shippers are counting the cost of war
OSLO : Verifiable costs for transiting the African Cape rather than the Suez Canal are around US$1,000 per box according to Xeneta Chief Analyst Mr. Peter Sand, who
Jaishankar to visit Iran on Monday as Red Sea Conflict escalates
NEW DELHI : External Affairs Minister Shri S Jaishankar is set to visit Iran on Monday amid growing concerns over escalation of tensions in West Asia. The visit follows the US-UK forces’ attack on Houthi military positions
Red Sea attacks compel at least 65% of Indian exports shipments to Europe to take longer routes
NEW DELHI : At least 65 percent of Indian export shipments to Europe are taking the longer route via the Cape of Good Hope on the southern tip
Sea-Intelligence sees major short-term impact of Red Sea crisis on container capacity
COPENHAGEN : The ocean carriers find their service networks extremely volatile and prone to rapid alterations, as the Red Sea crisis is still ongoing and the developments are
Red Sea Crisis: Shipping rates from Mundra to US, Europe skyrocket
MUMBAI : The Container Shipping Lines Association, (CSLA) a significant group of foreign container shipping lines in India, currently comprising 24 members, has raised an alarm about a