Red Sea News

 

Tanker Enroute from Russia to India hit by Missile off of Yemen - Report

Apr 26, 2024

Three missiles were sighted approximately 15 nautical miles southwest of Yemen's Mokha, British security firm Ambrey said on Friday, and the United Kingdom Maritime Trade Operations (UKMTO) said that one vessel was damaged.'The Master has reported two attacks. The first attack, the vessel experienced an explosion in close proximity to the vessel, which was felt by the crew on board,' UKMTO said in an advisory note…

Container Ship Deliveries Hit YTD Record

May 08, 2024

“In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more than 1 million TEU has already been delivered during the first four months of the year…

Red Sea Ship Attacks Hit Regional Economies

Feb 27, 2024

“During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y. The number of ships arriving in these ports significantly declined as merchant shipping increasingly avoided transiting…

Abu Dhabi's AD Ports to Develop Multi-purpose Terminals, Cruise Ship Berths Along Egypt’s Coastline

May 05, 2022

Abu Dhabi's AD Ports Group and the Red Sea Ports Authority have signed a Term Sheet and a Head of Terms agreement for what they say are major port projects along Egypt’s coastline, including multi-purpose terminals, and cruise ship berths.The first agreement will see AD Ports Group develop…

Logistics News

New Cruise Terminal to Be Built in Port of Klaipėda

New Cruise Terminal to Be Built in Port of Klaipėda

Adani Aims to Complete Phase One of Long-delayed Port by Year-end

Adani Aims to Complete Phase One of Long-delayed Port by Year-end

Delft Students Cross North Sea on Self-Built Hydrogen Boat

Delft Students Cross North Sea on Self-Built Hydrogen Boat

Damen’s New Dredger Starts Work in Indonesia

Damen’s New Dredger Starts Work in Indonesia

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