Shipping industry urges Red Sea action as Houthis sink second vessel
LONDON : Urgent action must be taken in the Red Sea to stop attacks on merchant shipping by Yemen’s Houthis, leading industry groups said on Wednesday, after the
LONDON : Urgent action must be taken in the Red Sea to stop attacks on merchant shipping by Yemen’s Houthis, leading industry groups said on Wednesday, after the
The global commercial shipping industry could cut down its carbon emissions by 47 million tonnes per year by deploying artificial intelligence for sea navigation, a study by autonomous
LONDON : Indian traders are reeling under the impact of rising ocean freight rates, triggered by the Red Sea crisis and congestion at several key ports in the
SINGAPORE : Singapore’s port, already one of the busiest in the world, is facing a sustained period of congestion as vessel diversions to avoid the Red Sea push
HAMBURG : Hapag-Lloyd told Reuters that the German shipping company does not expect the Suez Canal to be open again anytime soon, despite a recent ceasefire between Hamas
COPENHAGEN : The global logistics industry is currently navigating through unprecedented challenges due to the ongoing situation in the Red Sea. The ripple effects are being felt on
YEMEN : The United States and United Kingdom have carried out six air strikes against targets in Yemen, a Houthi-run television station reports, as the Yemeni group targets
SINGAPORE : The world’s second busiest container port at Singapore has seen a major spike in congestion, forcing carriers to stretch charter agreements and to build container fleets
NEW DELHI : Logistics cost has serious implications on the country’s manufacturing sector, export competitiveness and global positioning. The Red Sea route, which is shorter and faster, was the
KIEL (GERMANY) : The ongoing conflict in West Asia, particularly in the Red Sea region has severely impacted global shipping, causing a significant increase in sea freight costs