LONDON : The International Association of Dry Cargo Shipowners (INTERCARGO) has condemned the recent armed attack on the Magic Seas, a bulk carrier operating off the coast of Yemen. The vessel reportedly came under
NEW DELHI : India on Monday raised concerns with Iran about the increasing number of attacks on merchant ships in the Red Sea by Tehran-backed Yemen’s Houthi rebels. “There has been a perceptible increase in threats
NEW DELHI : External Affairs Minister Shri S Jaishankar is set to visit Iran on Monday amid growing concerns over escalation of tensions in West Asia. The visit follows the US-UK forces’ attack on Houthi military positions and Jaishankar’s discussion with US Secretary
WASHINGTON : Escalating Iran-backed attacks against global commercial shipping in the Red Sea have heightened pressure on the Biden administration as officials scramble to protect trade while trying to avoid a direct confrontation with
NEW DELHI : Kanpur exporters are holding back export consignments worth ₹100 crore due to the Israel-Hamas Conflict and attacks on cargo ships in the Red Sea. Shipping companies have refused to provide insurance
LONDON : One month ago, a series of unprovoked attacks on merchant ships began in the Southern Red Sea, Bab El-Mandeb, Gulf of Aden and the Arabian Sea. It is widely believed the attacks
HONG KONG : Any intensification of ship attacks in the Red Sea could tie up 30% of the boxship fleet as more vessels will need to be rerouted, according to Linerlytica’s latest report on