Shippers bear the brunt, as Red Sea crisis escalates
Following the bombing by the coalition forces on targets in Yemen to neutralise the threat to shipping in the Red Sea, Gulf of Aden and
Following the bombing by the coalition forces on targets in Yemen to neutralise the threat to shipping in the Red Sea, Gulf of Aden and
As shippers are facing delays in sending their cargo to European destinations due to the Red Sea crisis, Trucknet, an Israeli logistics start-up has weaved
The SCFI was up by another 8% this week, at 1896.65 points, a high not experienced since 2022. According to major forwarder Kuehne+Nagel’s overview 405
The costly detour for shipping lines away from Red Sea has set the freight rates soaring. India is mulling a variety of measures, including subsidisations
The US has invited India to join the multi-national naval coalition, Operation Prosperity Guardian, to counter threats posed by Yemen’s Houthi militants in the Red
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
The move comes as the industry remains divided on the safety of vessels and the best actions, but most of the largest container carriers are
As the fight between Israel and Hamas prolongs, the possibility of it expanding into a broader regional conflict involving several West Asian countries increases, which
In the aftermath of attacks by Houthi rebels in the Red Sea, global trade is grappling with heightened freight costs. The situation escalated when Houthi
Following the bombing by the coalition forces on targets in
As shippers are facing delays in sending their cargo to
The SCFI was up by another 8% this week, at
The costly detour for shipping lines away from Red Sea
The US has invited India to join the multi-national naval
The situation around the Bab-el-Mandeb Strait, a crucial shipping route
The move comes as the industry remains divided on the
As the fight between Israel and Hamas prolongs, the possibility
In the aftermath of attacks by Houthi rebels in the
