Red Sea crisis : Asia, Africa, Europe to face most disruption, says GTRI
ATLANTA : The Red Sea crisis is expected to adversely impact trade volumes in a substantial way in 2024, said a report by GTRI, adding that rising shipping,
Maersk will avoid Red Sea despite EU security operation
COPENHAGEN : Maersk said on Friday it was too early to resume sailings through the Red Sea due to a continued elevated risk level, despite an initiative by
Red Sea crisis spurs demand for rail transport through Russia from Asia to Europe
MOSCOW : Logistics companies and rail operators have reported a surge in demand for rail transport through Russia from Asia to Europe, following the disruption to sea lanes
Houthi attacks in the Red Sea threaten internet infrastructure
YEMEN : A new threat emerged recently from the attacks by Iran-backed Houthis on shipping in the Red Sea that have caused delays to goods arriving in Europe
Red Sea crisis continues; adverse impact on trade data will be visible in new fiscal : GTRI
NEW DELHI : The Red Sea crisis has become a major threat to global trade and its impact on trade volumes will become visible in FY25, according to
Red Sea crisis spurs surge in TEU capacity : Newbuildings fully absorbed
YEMEN : The total container ship capacity deployed on trades affected by the Red Sea crisis has increased by 1.26 million TEUs since October 2023, driven mainly by
Red Sea disruptions benefit shipping companies’ near-term profitability : Fitch Ratings
Global shipping companies’ short-term profitability will benefit from increased freight rates, which exceed the costs of re-routing following persistent attacks on commercial vessels in the Red Sea, Fitch
Red Sea crisis causes surge in vessel calls and congestion at African ports
NEW YORK : “The Red Sea crisis is highlighting the wide gap in efficiency between ports in Africa and other world regions, despite heavy investment in port infrastructure
Com Secy to chair the meeting of Ministry Officials and exporters about discussions on Red Sea crisi
NEW DELHI : The officials from different ministries and exporters are expected to hold discussions on March 8 here, on issues being faced by exporters due to the
Three killed in Houthi missile attack on cargo ship – US military
YEMEN : Three crew members have been killed in a Houthi missile strike on a cargo ship off southern Yemen, US officials say – the first deaths the