Search For "red sea"
Attacks on merchant vessels in Red Sea have tripled transportation cost, s
Updated : 2 years, 2 months ago IST
Weighing in on attacks on merchant ships by Yemen-backed armed Houth rebels in the Red Sea, Raajesh Bhojwani, the Chief Executive Officer (CEO) of RBB Ship Chartering, on Friday said the shipping costs have gone up manifold in the wake of these incidents.
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US sanctions Hong Kong, UAE firms over 'financial support' to Houthi rebel
Updated : 2 years, 2 months ago IST
Amid concerns over the attacks by armed Houthi rebels on merchant vessels in Red Sea, the Office of Foreign Assets Control (OFAC) of the US Treasury Department on Friday sanctioned two shiiping companies based in Hong Kong and the United Arab Emirates for providing financial support to th
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"Airstrikes against Houthis, act of self-defence": UK PM Rishi Sunak in Uk
Updated : 2 years, 2 months ago IST
British Prime Minister Rishi Sunak said on Friday that the airstrikes targeting Houthis in Yemen were an act of "self-defense" aiming to de-escalate tensions and restore stability to the Red Sea region, CNN reported.
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US, UK turning Red Sea into "sea of blood": Turkish President Erdogan
Updated : 2 years, 2 months ago IST
Turkish President Recep Tayyip Erdogan has accused the US and UK of using "disproportionate force" and turning the Red Sea into a "sea of blood."
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"Shared commitment to freedom of navigation, international commerce": Join
Updated : 2 years, 2 months ago IST
The strikes against Houthi rebels were a demonstration of 'shared commitment' to freedom of navigation, international commerce, and defending the lives of mariners from illegal and unjustifiable attacks, the countries behind the joint assault said in a joint statement
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Western air strikes on Houthis a 'Message to Iran,' analyst says
Updated : 2 years, 2 months ago IST
The Houthi attacks on international shipping is something the West can't ignore. Last night was only a warning.
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Five killed, six injured in strikes in Yemen by US, UK: Houthis
Updated : 2 years, 2 months ago IST
At least five rebels were killed and six more were wounded in the strikes by the United States and the United Kingdom in the Red Sea, CNN reported, citing Houthi rebels' military spokesperson, Yahya Sare'e, on Friday.
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Crude oil prices surge after US, UK strike Houthi targets
Updated : 2 years, 2 months ago IST
The attacks by the Houthi rebels have forced ships to take longer routes around Africa, presenting challenges to global trade logistics.
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Car imports to Israel decline due to war
Updated : 2 years, 2 months ago IST
In 2023, 283,835 private vehicles were imported into Israel, compared to 306,087 in 2022, a decrease of 7.3 per cent. The import of vehicles in the first three quarters of 2023 increased compared to the corresponding period last year and decreased in the last quarter with the outbreak of the
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Inter-ministerial meeting convened to address trade impact of Red Sea cris
Updated : 2 years, 2 months ago IST
Senior officials from five key ministries, including External Affairs, Defence, Shipping, Finance, and Commerce, are set to participate in the discussions aimed at minimising the trade disruptions caused by the crisis.
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"Will have to pay heavy price": Houthis say retaliatory strikes launched o
Updated : 2 years, 2 months ago IST
Iran-backed Houthi rebels have initiated retaliatory assaults on the warships of the United States and the UK (United Kingdom) in the Red Sea in response to the assault by Western partners, a senior member of the Houthi group, Abdul Salam Jahaf, said in a statement on Friday, according to CN
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UK PM Rishi Sunak says RAF conducted 'targeted strikes' against Houthi reb
Updated : 2 years, 2 months ago IST
Rishi Sunak has said that the Royal Air Force has conducted targeted strikes against military facilities used by Houthi rebels in Yemen.
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