Yemen’s Houthis have seized the strategic Red Sea port city of Mokha, bringing the Iran-backed group to within around 80 km of the Bab al-Mandab Strait. The capture was confirmed by Houthi and Yemeni…
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In a significant strategic gain, Houthis claim control of Yemen’s entire Red Sea coastline Houthi forces have swept through the last government-held stretch of Yemen’s Red Sea coastline and taken…
Emirates SkyCargo is reinforcing its role in supporting India’s export ambitions, operating more than 3,000 tonnes of weekly air cargo capacity across nine gateways and connecting Indian businesses,…
Vessel transits at the Strait of Hormuz fell to seven on Thursday from 11 the previous day, preliminary ship-tracking data showed on Friday, well below the 10-day average of 15.
Maersk has introduced new emergency freight rates for container cargo affected by disruption around the Strait of Hormuz. The charges apply to cargo loading from or destined for ports in Iraq,…
The tanker sale that has dominated market chatter this month has finally taken shape, with Dubai-based trading house Onex DMCC linked to an extraordinary $200m purchase of a near-new VLCC from George…
Hormuz vessel transits fall to single digits The number of vessel transiting the Strait of Hormuz fell to seven on Thursday from 11 the previous day, well below the 10-day average of 15, according to…
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