Israel-Hamas ceasefire will not bring global freight fleet back to Red Sea quickly
COPENHAGEN: Maritime experts and shipping industry insiders are not expecting a return of ocean carriers to the Red Sea anytime soon, despite the Israel-Hamas ceasefire deal. “This is all still very early days,” said
Houthis say they hold 10 crew from Greek-operated ship they sank off Yemen
SANNA : Yemen’s Iran-aligned Houthis said on Monday they had rescued 10 seafarers from the Greek-operated cargo ship Eternity C, which they attacked and sank in the Red Sea earlier this month. The Liberia-flagged
UN council authorizes continuing vigilance of attacks by Yemen’s Houthi rebels on Red Sea shipping
NEW YORK : The U.N. Security Council on Tuesday authorized continued reporting on attacks on ships in the Red Sea by Yemen’s Houthi rebels, who have defied its previous demands to immediately halt all
Red Sea insurance soars after deadly Houthi ship attacks
LONDON : The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen’s Houthis attacked and sank two ships, killing at least four seafarers after months
Search ends for missing crew after Yemen’s Houthi rebels sink ship in Red Sea
YEMEN : The search for those missing after Yemen’s Houthi rebels sank a ship in the Red Sea has ended as at least four people are presumed dead and 11 others remain unaccounted for,
Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on the latest developments in the Red Sea
LONDON : Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on the latest developments in the Red Sea: “In recent days, two ships have now been attacked in the
Yemen’s Houthis say ready to attack Red Sea after US strikes on Iran
SANA : Yemen’s rebel government says it supports a vow by its armed wing a day earlier to hit US ships in the Red Sea should Washington launch strikes on Iran. “We affirm the
Indian goods and services exports to cross $800 bn in FY25 despite geo-political issues : Piyush Goyal
NEW DELHI : Union Commerce & Industry Minister Shri Piyush Goyal has said that, the Red Sea crisis increased freight costs and hit India’s exports to Africa, the EU, and Latin America but despite