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Shipping
Shipping industry set for tougher times ahead due to West Asia tensions: Experts
There is a concern about the probability of a Persian Gulf shutdown, though many maintain hope of defusing fierce tension in the region, a delegate at the opening of Singapore Maritime Week on Monday, told PTI.
15 April 2024, 09:42 IST
Shipping industry set for tougher times ahead due to West Asia tensions: Experts
15 April 2024, 09:42 IST
Pakistan, China outcry over India’s seizure of dual-use items aboard vessel
Pakistan condemned what it called India’s 'high-handedness' and the 'unjustified seizure' of 'commercial goods'. China too subtly criticized India’s move to seize the dual-use items that could have been used in the nuclear weapon and ballistic missile programme of Pakistan.
03 March 2024, 16:29 IST
Pakistan, China outcry over India’s seizure of dual-use items aboard vessel
03 March 2024, 16:29 IST
Houthi attacks push shipping insurance premium up by 15-20%
Most insurers, in fact, are issuing advisories against charting the Red Sea waters - the most convenient route for Indian trade to the West.
29 January 2024, 00:21 IST
Houthi attacks push shipping insurance premium up by 15-20%
29 January 2024, 00:21 IST
Adani’s lessons from Hindenburg fight fuel $93 billion rebound
Fallout from Hindenburg’s report still lingers. While Adani stocks have risen more than $90 billion from last year’s low, they remain about $60 billion short of their pre-Hindenburg peak. Meanwhile, most of the group’s dollar bonds have recouped their losses.
22 January 2024, 08:32 IST
Adani’s lessons from Hindenburg fight fuel $93 billion rebound
22 January 2024, 08:32 IST
Canals aren’t the world's biggest shipping chokepoints
When traffic through the Suez Canal ground to a halt in 2021, the extraordinary cost and disruptions to global commerce seemed overwhelming.
15 January 2024, 03:21 IST
Canals aren’t the world's biggest shipping chokepoints
15 January 2024, 03:21 IST
Red Sea crisis may push shipping cost by up to 60%, insurance premiums by 20%: GTRI
The situation around the Bab-el-Mandeb Strait, a crucial shipping route connecting the Red Sea and the Mediterranean Sea to the Indian Ocean, has escalated due to recent attacks by Yemen-based Houthi militants.
06 January 2024, 09:08 IST
Red Sea crisis may push shipping cost by up to 60%, insurance premiums by 20%: GTRI
06 January 2024, 09:08 IST
Maersk continues to schedule Suez journeys despite Houthi attack
Maersk on Sunday paused all Red Sea sailings for 48 hours following attempts by the Iranian-backed Houthis to board its Maersk Hangzhou vessel.
02 January 2024, 07:07 IST
Maersk continues to schedule Suez journeys despite Houthi attack
02 January 2024, 07:07 IST
Red Sea shipping workarounds add costs, delays for suppliers, retailers
Suppliers for the likes of IKEA, Home Depot, Amazon and retailers around the world are rerouting their cargos away from Suez Canal following militant attacks on vessels in the Red Sea.
28 December 2023, 07:38 IST
Red Sea shipping workarounds add costs, delays for suppliers, retailers
28 December 2023, 07:38 IST
Troubled waters: How wars, geopolitical tensions have impacted shipping industry
As per experts, some Israeli-linked ships have started taking the South African route to avoid the Houthi menace. This delays the duration of the trip to 31 days from the usual 19 days, adding to the costs and logistical woes.
25 December 2023, 15:56 IST
Troubled waters: How wars, geopolitical tensions have impacted shipping industry
25 December 2023, 15:56 IST
Explained | What Houthi attacks in Red Sea could mean for shipping industry
Denmark's AP Moller-Maersk on Friday paused all its container shipments through Bab al-Mandab until further notice, and was joined on Saturday by the Swiss-based MSC and French shipping group CMA CGM.
19 December 2023, 04:17 IST
Explained | What Houthi attacks in Red Sea could mean for shipping industry
19 December 2023, 04:17 IST
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