SANAA : The US Military said Iran-backed Houthis launched two anti-ship ballistic missiles at an American-owned tanker ship in the Red Sea on Thursday night that hit the water near the vessel, causing no
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 the US says may have been
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 and other large shipping lines have instructed hundreds
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 to a confrontation with the US
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 militants in Yemen targeting the crucial
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 been a perceptible increase in threats
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 was responding to questions on how
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 and Jaishankar’s discussion with US Secretary
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 of Africa as cargo ships in
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 changing daily. The transit times will