TagsRed Sea Crisis

Tag: Red Sea Crisis

Yemen government says Houthis planning to impose fees for Red Sea transit

YEMEN : A Minister in Yemen’s internationally recognised government on Wednesday (July 29, 2026) accused Houthi rebels of working under Iranian guidance to establish...

Red Sea shipping slows as security threats, insurance curbs reshape vessel routes: S&P Global

MUMBAI: Commercial shipping through the Bab el-Mandeb Strait has slowed sharply in recent days as heightened security risks, insurance restrictions and evolving military developments...

Maersk cleared Red Sea: Hormuz AIS Dark, Insurance Blocks Shipping Restart

COPENHAGEN : Maersk completed the first headhaul Red Sea transit under its Gemini Cooperation with Hapag-Lloyd this week, marking a milestone 30 months in...

Pharma exporters brace for Rs 5,000-crore hit as US-Iran war drives up freight costs

NEW DELHI: A total stop to pharma shipments to West Asia this month alone can drain Rs 2,500–Rs 5,000 crore of export value, the Pharmaceuticals Export...

Maersk diverts Vessel Routes from Suez Canal, Redirects select services via Cape of Good Hope Route

COPENHAGEN: In a renewed shift to safeguard operational reliability, Danish shipping major Maersk has decided to temporarily reroute several of its vessel services away...

Saudi Arabia bombs Yemen Port after calling strike by ‘brotherly’ UAE ‘dangerous’

YEMEN : Amid rising tensions in Yemen, Saudi Arabia carried out airstrikes on the port city of Mukalla on Tuesday, targeting a shipment of...

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...

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...

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,...

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