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
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
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
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
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
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
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
Saving Suez : As Red Sea attacks threaten global trade, what it means for India
NEW DELHI : The strait of Bab-el-Mandeb, which means the gate of grief in Arabic, is living up to its name for shippers and traders across the world,
Indian trade curbs to cut exports by $4 bln, Red Sea attacks a risk
NEW DELHI : India’s exports face a shortfall of about $4 billion to $5 billion this year after it clamped curbs on trade in wheat, rice and sugar,
Red Sea attacks’ on ships potential impact on oil and gas shipping
LONDON : Several shipping companies and a few liquefied natural gas (LNG) tankers have decided to avoid the world’s main East-West trade route, following attacks launched by Yemen’s