Commercial ships are sailing close to Oman and are being advised by maritime agencies to avoid Iran's waters around the Strait of Hormuz, with the risk of the conflict between Israel and Iran escalating, shipping sources said on Wednesday.Iran…
Japan's second-largest shipping company, Mitsui O.S.K. Lines (MOL), is operating as usual in the Gulf while closely monitoring the situation in the region, CEO Takeshi Hashimoto said on Tuesday.'We are operating so many containers, car carriers and chemical tankers so that it is very…
Peter Sand, Xeneta Chief Analyst, shared insights following the escalation of the Israel-Iran conflict.“Geo-politics is once again threatening the safety and stability of global supply chains so we must hope for de-escalation in the conflict between Israel and Iran…
Israel attacked Yemen's ports of Hodeidah and Salif along the country's Red Sea coast on Friday, the Houthi-run Al Masirah TV said, in an apparent response to the militant group's missile launches against Israel.Al Masirah did not provide further details…
The prospect of a large scale return of container ships to the Red Sea following the announcement of a ceasefire between the US and Houthi militia in Yemen would flood the market with shipping capacity and cause a global collapse in freight rates…
British maritime security firm Ambrey reported on Tuesday that the paramilitary Rapid Support Forces (RSF) had launched a drone attack on facilities at Port Sudan, targeting the container terminal and escalating a two-year-long conflict.Ambrey…