Red Sea Crisis
Asian Shipping Costs Skyrocket to $10,000 Amidst Rising Demand And Disruptions
Business | May 30, 2024According to a recent report in The Business Times, firms transporting goods from Asia are bracing for soaring shipping costs, with p..
Houthis Say The Fate Of Hijacked Ship And Its Crew Are In The Hands Of Hamas: Report
West Asia | Mar 15, 2024Houthis said the return of the crew members of Galaxy ship is in the hands of Hamas, as per media report. The Japan owned Galaxy Lead..
Shipping, Logistics Industries Lose Patience Over Red Sea Standoff
Business | Feb 27, 2024The Houthi attacks on the vessels passing through the Red Sea has caused cavernous disruption to the international trade. The rerouti..
Red Sea Crisis Forces Shipping Company 'Diana' To Stay Away From Suez Canal
Business | Feb 25, 2024Another shipping company, Diana Shipping, one of the global shipping and transportation providers, is avoiding the Suez Canal route d..
Houthi Attacks On Red Sea Imperil Shipment Of Indian Fuel To Europe While Surging Towards East Asia
Business | Feb 20, 2024The Red Sea crisis has led to the disruption of shipments of diesel from India into Europe. The shipping has reached its lowest point..
Saudi Aramco's Strategic Advantage In Red Sea Shipping Disruptions
Business | Feb 16, 2024In the midst of escalating tensions and shipping disruptions in the Red Sea, a recent report has shed light on Saudi Arabia"s Aramco..
German Ship Carrying 240 Soldiers Heads To Red Sea To Prevent The Houthi Attacks
Business | Feb 13, 2024A German naval vessel is heading towards the Red Sea to prevent the Houthi attack in the region. As per navigational data collected f..
Ship Hit By Projectile Off Yemen's Hodeidah Coast, Minor Damages Reported
West Asia | Feb 06, 2024A cargo ship in the Red Sea suffered minor damage after being hit. The Barbados-flagged was hit by a project..
"Waiting For The Zionists": Houthis Release Music Video Dancing On The Deck Of Seized Cargo Ship
West Asia | Jan 30, 2024Houthis has released a music video which was reportedly sponsored by their Navy, discussing the group’s Red..
Red Sea Crisis Soars Higher In Damages Than Covid 19 For Supply Chain: Maritime Advisory
Business | Jan 19, 2024Houthi attacks in the Red Sea are seemingly bringing in more damages to the supply chain than the early Covid 19 pandemic. According..
Red Sea Disruption: Pressure On Chinese Businesses Increases As Shipping Cost Surges
Business | Jan 19, 2024The Red Sea attacks have been impacting the economies of many countries and there have been reports of the huge losses for companies..
