Thanks to communication from Carnival Elation, the US Coast Guard was able to rescue a man on a sinking boat near Port ...
Practical Engineering on MSN
One ship blocked 12% of global trade
In March 2021, the container ship Ever Given ran aground in the Suez Canal during high winds and low visibility. The vessel wedged diagonally across the narrow waterway, blocking one of the most ...
Nigerian shippers are bracing for a rise in freight costs and delays at sea as shipping giants reroute away from the Red Sea ...
While Iran has not formally declared the Strait of Hormuz closed, the maritime industry has effectively imposed its own ...
Explosions have been heard in multiple Gulf cities including Dubai, Abu Dhabi and Doha, while Israel and Hezbollah are trading blows as the war with Iran widens. Follow for live coverage.
NDTV Profit on MSN
War Risk Insurance Pulled For Gulf Shipping, Costs Set To Surge; India Faces Price Shock
Leading insurers including NorthStandard, American Club, Swedish Club, Skuld, Gard and the London P&I Club have withdrawn war risk cover, citing mounting threats to vessel safety.
The US-Iran war halts 70,000 tonnes of Indian Basmati rice shipments, jeopardizing record export goals for the fiscal year.
Security concerns around the Strait of Hormuz and the Red Sea–Suez Canal corridor have prompted major carriers to suspend or ...
The congestion is disrupting East Africa’s coffee and tea exports, forcing costly delays and threatening regional supply ...
India Today on MSN
Why Iran war cannot be a distant discord for India
The looming threat of energy price spike, trade upheaval, remittance disruption, transport barrier and investment uncertainty reflects India's vulnerability to the raging Gulf crisis ...
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