Saving Suez : As Red Sea attacks threaten global trade, what it means for India
NEW DELHI : The strait of Bab-el-Mandeb, which means the gate of grief in Arabic, is living up to its name for shippers and traders across the world,
Suez,a crisis-waiting to happen, forces shippers to be ready any moment
Houthi attacks on civilian vessels, strategies to reroute ships, and the need for a 40-nation strong military alliance to guard 15% of the world’s maritime traffic sounds like
Many carriers still sending ships via Suez
Over 80 container ships still transiting the Red Sea and Suez Canal ,Vessel tracking shows that even after the raised threat from the Houthi Movement, which has warned
Red Sea attacks’ on ships potential impact on oil and gas shipping
LONDON : Several shipping companies and a few liquefied natural gas (LNG) tankers have decided to avoid the world’s main East-West trade route, following attacks launched by Yemen’s
Shippers have already diverted over $60 billion in cargo from the Red Sea amid fears of attacks
NEW JERSEY : Shippers have diverted about $65 billion worth of cargo away from the Red Sea as they face the threat of attacks from Houthi militants in
MSC joins shipping giants Hapag-Lloyd and Maersk in Red Sea travel pause amid attacks
GENEVA : MSC, the world’s largest shipping carrier, said it is no longer traveling through the Suez Canal after its container ship, the MSC PALATIUM III, was attacked
Container shipping outlook 2024: Rising risk of delays, disruptions
NEW YORK : The supply chain crisis is long over, but America’s importers still have a lot to keep them up at night as they plan for 2024.
‘One Orpheus’, a container ship crashes in Suez Canal
EGYPT : A container ship has crashed into a bridge in the Suez Canal, the vital trade route between Asia and Europe.The container ship One Orpheus lost control
ZIM vessels divert from Arabian regional waters
HAIFA : Israeli container vessels are avoiding the Red Sea region as the conflict in Gaza and the heightened regional tension have increased the risks for all ships
More container ships could be held up if Red Sea tensions escalate
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,