Searched for
GLOBAL SEA TRADE
In 1533, a Portuguese ship loaded with gold, silver and other treasures was heading to India. It was found in Namibia nearly 500 years later by a diamond mining company, but without any trace of its crewA 16th-century Portuguese ship, the Bom Jesus, was found buried beneath Namibian desert sands. This remarkably preserved wreck yielded a va...- Drone attack in Egypt raises fresh fears over Suez Canal, global oil supplyA drone strike on Egyptian tankers has raised energy security concerns for the Suez Canal. This vital route offers a safe passage for Saudi...
- Moken sea nomads living on the Andaman Sea can see underwater like dolphins: Scientists discover how this Indigenous tribe trained their eyes to develop superhuman visionScientists have confirmed that Moken sea nomad children living on the Andaman Sea can see underwater with twice the clarity of other childr...
- Comparative advantage for India key to US pact: Piyush GoyalIndia's trade minister stated the first trade agreement tranche awaits US assurance. This assurance will ensure India gains a comparative a...
- Yemen's Houthis considering fees for ships sailing through Red Sea, sources sayYemen's Houthi faction is exploring the potential of levying fees on maritime traffic in the southern Red Sea. This fee proposal emerged fr...
- India's energy security at risk from Hormuz-Red Sea double squeeze, says CareEdge RatingsIndia faces significant energy security risks from chokepoint disruptions. A dual closure could push Brent crude prices to $130-135 per bar...
- India summons Ukraine envoy after Black Sea drone strike kills seafarerIndia summoned Ukraine's ambassador after a drone attack killed an Indian national. The ministry condemned attacks on merchant shipping, ci...
- Iran-backed Houthis fire missiles at Saudi Arabia in response to airstrikes in YemenYemen's Houthi rebels launched missile and drone attacks on Saudi Arabia in retaliation for airstrikes. These actions escalate tensions ove...
- Ships continue Red Sea transit despite attacks and Houthi blockade: ReportDozens of vessels navigate the Bab el-Mandeb Strait despite Houthi rebel threats. Growing uncertainty forces ships to alter courses and exe...
- Crop prices hit three-year high as heat, war stoke supply fearsScorching temperatures across Europe also raise concerns over potential crop losses. This situation could lift costs for staples like bread...
- Oil keeps flowing from Red Sea as Hormuz bypass stays openDespite Houthi threats and a declared blockade against Saudi Arabia, oil shipments from Yanbu continue, though many Western tankers are goi...
- Tanker switches Asia voyage via Suez amid Houthi warnings, owner saysThe Torm Innovation tanker will navigate the Suez Canal to Asia. This decision follows Houthi threats impacting shipping in the southern Re...
- China coast guard uses water cannons on 2 Philippine vessels as top diplomats meet in ManilaChinese coast guard ships used water cannons on Philippine vessels near Scarborough Shoal. This incident occurred for the second consecutiv...
- Global Market: European shares steady, set for weekly loss as oil surge, earnings keep investors cautiousEuropean shares remained flat as investors assessed rising oil prices. Escalating Middle East tensions and corporate earnings influenced ma...
- Trump warns Iran will be held 'responsible' for Houthi ship attacksPresident Trump warned Iran of significant military punishment for Houthi attacks. He described the Yemen-based militia as a proxy of Tehra...
- Global Market Today: Asian stocks fall on tech selloff, oil trades above $100Asian stocks declined following a Wall Street tech selloff and investor doubts about artificial intelligence returns. Oil prices held their...
- New threat by Yemen's Houthis could widen Iran war, put another trade chokepoint at riskHouthi rebels threaten to blockade the Bab el-Mandeb Strait, impacting global trade routes. They recently attacked two Saudi oil tankers in...
- Brent crude oil price surges past $100 as Houthi tanker attacks in Red Sea rattle marketsBrent crude surged above $100 a barrel after Houthi rebels claimed attacks on Saudi oil tankers in the Red Sea, escalating supply concerns....
- After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting Red Sea and Gulf of Aden, faces growing risks of disruption after Yemen’s Houthi ...
- Why the Red Sea remains one of the world's most dangerous shipping routesRed Sea Shipping Route Explained: In a concerning development, Iran has alerted the world to possible disruptions in the Red Sea that threa...
Load More
