shipping

18May

Business

Indian Seafarers Remains The Most Abandoned In The World: Report

According to data obtained from the International Transport Workers (ITF), the Indian sailors are the most abandoned in the world. This is the second time in a row, India topping the list. Reportedly, in less than six months, over 411, Indian sailors are already abandoned on ships. Of all the seafar...

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17May

World

Spain Rejects Request To Dock Ship Carrying Arms To Israel On Its Port: Report

Spain rejected permission to dock ship that carries arms to Israel at one of its ports, said the country's foreign minister José Manuel Albares. Saying that the Middle East does not need more weapons but peace, Albares said Spain will systematically rejects any such stopovers. The ship was moving fr...

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24Mar

Business

How Many Containers Lost In The Sea In A Year

The World Shipping Council's report, "Containers Lost at Sea – 2023" published in May 2023, unveiled startling statistics regarding container losses in 2022. Despite the vast volume of goods transported annually, comprising 250 million packed and empty containers valued at over $7 trillion, only 661...

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27Feb

Business, World

Shipping, Logistics Industries Lose Patience Over Red Sea Standoff

The Houthi attacks on the vessels passing through the Red Sea has caused cavernous disruption to the international trade. The rerouting of the ships passing through the Bab al-Mandeb Strait to the Cape of Good Hope of South Africa has caused extensive freight rates, disrupted the schedules and equip...

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30Jan

West Asia

“Waiting For The Zionists”: Houthis Release Music Video Dancing On The Deck Of Seized Cargo Ship

Houthis has released a music video which was reportedly sponsored by their Navy, discussing the group’s Red Sea operation while sending a message of defiance to Israel and its allies. The singers, who appeared in traditional Yemeni outfits sang, “My people are waiting for the Zionists”, as they danc...

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26Jan

Business, West Asia

‘No Connection To Israel’ Clause For Ships Taking Red Sea Route

Insurance underwriters are asking clients to sign guarantee contracts having no connection with either Israel or to the US, amid rising insurance premiums for merchant vessels passing through Red Sea trade route. On November 19, 2023 Houthis hijacked a commercial ship in the Red Sea and since the...

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9Jan

West Asia

Shipping Companies Are Entering Agreement With Houthis To Avoid Attack: Report

As the Red Sea crisis intensifies, shipping companies are allegedly “bribing” Houthis seeking not to target their ships in the region. As per report from ShippingWatch, a Danish maritime news agency, a containership line may have bribed the Yemeni group to avoid the targeting of their vessels. Ac...

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9Jan

Business

Red Sea Crisis Causes Higher Costs, Delays And Inflation Worries

According to Flexport, a platform that coordinates global logistics, says that as of January 8, 2024, there are “515 vessels accounting for 7 million TEUs (twenty-foot equivalent unit – a measure of volume in units of twenty-foot-long containers) of capacity that are diverting, will divert, or have ...

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8Jan

World

106-Year-Old Ship Tracing Back Charles Darwin’s Footsteps after 200 Years

In South Atlantic port of Stanley lies a very special vessel getting ready to continue its special voyage, named as Darwin200 Global Voyage. “Oosterschelde”, the 106-year-old three-masted sailing ship is on a two-year long journey tracing back the footsteps of British naturalist and geologist Charle...

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24Dec

West Asia

Pentagon Says The Attack On Chemical Tanker Off The Coast Of India Was “Fired From Iran”

Pentagon said the Japanese-owned chemical tanker that struck off the coast of India was targeted by a drone “fired from Iran”. The US Department of Defence said the attack is a possible sign of expanding the risks of targeting the commercial shipping beyond the Red Sea. The drone attack occurred ...

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