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Global shipping recession could end as freight rates soar on Red Sea troubles - Vimarsana News

Global shipping recession could end as freight rates soar on Red Sea troubles

The shipping industry has been in a recession, and some market watchers expect the recent spike in rates to bring about a reversal in container liners’...

What the Red Sea crisis could mean for commodity markets - Vimarsana News

What the Red Sea crisis could mean for commodity markets

Attacks by Iranian-backed Houthis from Yemen on commercial vessels passing through the Red Sea have made some shipowners reluctant to sail via the Suez Canal and Red Sea.

Shell halts Red Sea shipments indefinitely over Houthi fears - Vimarsana News

Shell halts Red Sea shipments indefinitely over Houthi fears

Shell is suspending all shipments through the Red Sea indefinitely following U.S and UK attacks on Houthi rebels last week, reports suggest.

Source: cityam.com
Oil Prices Rise Amid Fresh Fear of Supply Disruption in Red Sea - Vimarsana News

Oil Prices Rise Amid Fresh Fear of Supply Disruption in Red Sea

World's second largest liquefied natural gas exporters reviews using shipping route as US shoots down missile heading towards at its Navy destroyer.

Indian exporters face rising costs after Houthi Red Sea attacks - Vimarsana News

Indian exporters face rising costs after Houthi Red Sea attacks

The cost of Indian exports has more than doubled due to the Yemeni Houthi militia's attacks on ships in the Red Sea, industry officials said on Monday. Around 80% of India's goods trade...