Source link The Gaza conflict has brought regional pressures to a boil, Antonio Guterres has said The current instability in the Middle East may soon spiral completely out of control, the UN Secretary-General Antonio Guterres said at a press conference in New York on Monday. Guterres once again addressed the ongoing crisis, triggered by the events […]
Source link A leading global exporter of liquefied natural gas (LNG), QatarEnergy, has stopped sending tankers via the Red Sea amid growing uncertainty about the safety of passage on the vital shipping route, Reuters reported on Monday. An unnamed source with knowledge of the matter told the outlet that at least four tankers that used […]
Source link World trade plunged by 1.3% from November to December 2023 as a result of Houthi attacks on merchant vessels in the Red Sea, according to a new report by the IfW Kiel. The German economic institute said on Thursday that the volume of containers transported via the Red Sea had plummeted by more […]
Source link If agreed, the European operation could be launched in February, Euractiv reported The EU is considering sending a naval mission to the Red Sea to protect key shipping routes from attacks by Houthi militants in Yemen, the bloc’s diplomats have told Euractiv. EU ambassadors are expected to discuss the relevant proposal, coming from […]
Source link New Delhi and Tehran share common goal of “mitigating global concerns” about the Middle East as conflict there escalates Foreign Minister of India Subrahmanyam Jaishankar is planning to visit Iran in the coming days to discuss the ongoing war in Gaza as well as the situation in the Red Sea, where Yemen-based Houthi […]
Source link The UAVs, manufactured in collaboration with Israel, will be deployed along the western coast The Indian Navy received its initial batch of four domestically produced Medium Altitude Long Endurance (MALE) drones on Wednesday. This acquisition is expected to bolster the navy’s maritime capabilities, particularly in light of escalating tensions in the Red Sea […]
Source link Attacks by the Houthis are driving up shipping rates and causing a drop in deliveries India could lose billions in exports this fiscal year due to threats to cargo vessels posed by Houthi attacks in the Red Sea, Bloomberg reported on Monday, citing a study by a New Delhi-based think-tank. The country’s exports […]
Source link He claimed there was no consultation prior to the agreement between the split African state and its landlocked neighbor Somaliland Defense Minister Abdiqani Mohamoud Ateye has resigned in protest over the breakaway African state’s agreement granting port access to landlocked Ethiopia. He claimed that he had learned about the deal from the media, […]
Source link James Stavridis said Ankara should obey its role as a US-led military bloc’s member Former NATO Supreme Allied Commander James Stavridis has claimed that there was no justification for Ankara to prevent a fellow bloc member from donating its warships to Ukraine. The Turkish government said on Tuesday that it will not allow […]
Source link Indian Navy responded to distress call from MV Lila Norfolk, a Liberia-flagged bulk carrier boarded by six armed men on Thursday An Indian warship on Friday intercepted a merchant ship, which had been hijacked on Thursday in the Arabian Sea off the Somalian coast, and rescued all members of a crew that included […]
Source link Asia-to-Europe shipping prices have doubled as logistics giants are forced to reroute cargos around the southern tip of Africa Container freight rates are surging as attacks by Yemen-based Houthi rebels on cargo ships in the Red Sea have forced shipping giants to send vessels around southern Africa’s Cape of Good Hope, Reuters reported […]
Source link A Singapore-flagged containership, Maersk Hangzhou, was struck by a Houthi missile fired from Yemen on Saturday Two global shipping firms, Denmark’s AP Moller-Maersk and Germany’s Hapag-Lloyd, have extended the halt to their vessels’ passages through the Red Sea and Suez Canal, citing security risks, according to the companies’ statements. Maersk initially halted all […]
Source link Somalia has rejected a port agreement signed by Ethiopia and Somaliland, claiming it “violates” the sovereignty of the country Somalia has rejected an agreement on port access signed by Somaliland and Ethiopia, claiming the deal had no legal authority. The decision followed an emergency cabinet meeting on Tuesday. A memorandum of understanding (MoU) […]
Source link The development comes amid a US-led operation against Yemen’s Houthi militants, who have been attacking commercial ships recently Iran’s Alborz destroyer crossed the Bab-el-Mandeb Strait and entered the Red Sea on Monday, the country’s state-run IRNA and Tasnim news agencies have reported. The deployment followed a deadly encounter between US warships and Yemen’s […]
Source link The attack targeted a Singapore-flagged vessel owned and operated by Denmark, US Central Command has claimed A commercial ship was struck by a Houthi missile fired from Yemen as it passed through the Southern Red Sea on Saturday, the US Central Command (CENTCOM) has said. It added that two more missiles were shot […]