February 9, 2026
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Basmati prices have fallen as a restive Red Sea hurts exports

December 29, 2023 EXPORT, Maritime, Trending News
NEW DELHI : Exports of Basmati Rice have fallen due to militant attacks against merchant ships in the Red Sea, leading to 5-10% fall in basmati prices in the domestic market, exporters said. Leading shipping lines’ decision

Hapag-Lloyd to decide today about resuming Red Sea routes operation

December 27, 2023 Export - Import, International Shipping, Logistics, Shipping Line, Trade, Trending News
HAMBURG : Hapag-Lloyd will decide on Wednesday whether to resume journeys through the Red Sea, a spokesperson said on Tuesday as Maersk prepared to return to the area after a U.S.-led operation began providing safety

Shipping giant Maersk decides to resume Red Sea voyages

December 27, 2023 International Shipping, Maritime, Trending News
COPENHAGEN : In a sign of breakthrough in the ongoing Red Sea crisis, shipping giant AP Moller-Maersk Sunday decided to resume voyages through the Suez Canal. This followed the setting up of the multi-national security initiative Operation Prosperity Guardian (OPG),

Saving Suez : As Red Sea attacks threaten global trade, what it means for India

December 26, 2023 International Shipping, Global Trade, Trending News
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, as it turns the Israel-Palestine war

Suez,a crisis-waiting to happen, forces shippers to be ready any moment

December 23, 2023 International Shipping, Maritime, Trending News
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 the kind of emergency that ought

Many carriers still sending ships via Suez

December 23, 2023 International Shipping, Maritime, Trending News
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 it will target vessels connected to

Red Sea attacks’ on ships potential impact on oil and gas shipping

December 21, 2023 International Shipping, Maritime, Tanker, Trade, Trending News
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 Houthi group on commercial ships at

Shippers have already diverted over $60 billion in cargo from the Red Sea amid fears of attacks

December 21, 2023 International Shipping, Export - Import, Logistics, Maritime, Shipping Line, Trade, Trending News
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 Yemen. Carriers are re-routing vessels as

MSC joins shipping giants Hapag-Lloyd and Maersk in Red Sea travel pause amid attacks

December 18, 2023 International Shipping, Foreign Ports, Maritime, Shipping Line, Trade, Trending News
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 Friday while transiting the Red Sea

Container shipping outlook 2024: Rising risk of delays, disruptions

December 11, 2023 International Shipping, Export - Import, Global Trade, Logistics, Shipping Line, Trade, Trending News
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.   Two key container shipping “chokepoints” —
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