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
SANAA : Yemen’s Houthi rebels claimed a drone attack on a Maersk container ship in the Arabian Sea on Dec. 27, stoking renewed concerns over Red Sea shipping
THE HAGUE : As we approach 2025, the global container and shipping industry stands at challenging crossroads. With geopolitical shifts, new alliances and market fluctuations shaping the path
CAIRO : Live traffic of Container Ships through the Suez Canal and reroutings via the Cape of Good Hope shows the split between different vessel segments when it
NEW DELHI : India remains “concerned” at the evolving situation in West Asia and attacks against commercial vessels in and around the Red Sea threaten freedom of navigation
HODEIDAH : Twenty crew members of the MV ISA STAR, a Panama-flagged cargo ship were rescued in the Red Sea on December 5 after the vessel sent out
KUALA LUMPUR : Global shipping costs are expected to remain high next year, with freight rates likely to continue rising due to ongoing challenges in the shipping industry,
SANA’A : Yemeni Armed Forces have unveiled a new domestically-developed autonomous underwater vehicle (AUV), which is expected to enhance the combat capabilities of Yemen’s maritime units in the Red Sea
OSLO : The ongoing impact of conflict in the Red Sea, spiraling freight rates and congestion across global ocean container supply chains resulted in record high carbon emissions
GENEVA : Global shipping costs surged in the first half of 2024, driven by unprecedented disruptions in major maritime routes and rising operational costs. The strain on supply