Red Sea crisis: Over 700% rise in freight rates give exporters a sinking feeling, ET Auto
Red Sea Crisis: Supply chain woes mount for traders as the Houthi attacks increase freight rates, insurance costs and travel time.
Stay updated with breaking news from Ranjith Raja. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Red Sea Crisis: Supply chain woes mount for traders as the Houthi attacks increase freight rates, insurance costs and travel time.
Doha: The International Chamber of Commerce Qatar (ICC Qatar) in collaboration with Refinitiv (an LSEG Business) held yesterday a special energy semin...
It was an unforgettable image: the 400-metre Ever Given cargo ship wedged diagonally across Egypt’s Suez Canal. The vast vessel blocked the waterway for six days, disrupting billions of dollars in global trade, before it was freed. Since the incident, some changes have been made, such as the start of a $10 billion canal expansion ...
British navy warns of 'potential hijack' of ship off UAE coast British navy warns of 'potential hijack' of ship off UAE coast The British navy has warned of a “potential hijack” of a ship off the United Arab Emirates coast in the Gulf of Oman. advertisement UPDATED: August 4, 2021 05:26 IST A ship in the Gulf of Oman may have been a hijacking target on Tuesday. (Photo: AP Graphic) The British navy has warned of a “potential hijack” of a ship off the coast of the United Arab Emirates in the Gulf of Oman, though the circumstances remain unclear. The incident Tuesday comes amid heightene...
The Royal Navy has warned of the “potential hijack” of a ship off the coast of the United Arab Emirates in the Gulf of Oman, though the circumstances remain unclear. The incident comes amid heightened tensions between Iran and the West over Tehran’s tattered nuclear deal with world powers and as commercial shipping in the region has found itself in the crosshairs. Most recently, the US, the UK and Israel blamed Iran for a drone attack on an oil tanker off the coast of Oman that killed two people, including one Briton. Iran has denied involvement. The British military’s United Kingdom ...