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SHIPPERS REPORTING INCIDENTS
Ship attacks in Strait of Hormuz hit record high in OctoberAttacks on commercial shipping in the Strait of Hormuz and nearby waterways reached a record high in October, according to a Washington-bas...
Some ships refusing US-military guided Hormuz transits after attacks, sources sayShipping firms are avoiding a U.S. military transit route through the Strait of Hormuz. This avoidance stems from recent Iranian attacks on...
Strait of Hormuz to be closed again? Why are U. S, Iran launching strikes after signing interim peace deal?Iran has accused the United States of failing to uphold the interim agreement, in particular by failing to sustain a promised ceasefire in ...
Iranian missile likely involved in attack on ship in Strait of Hormuz, South Korea saysSouth Korea's Foreign Ministry stated an Iranian anti-ship missile was likely involved in an attack on a HMM cargo ship in the Strait of Ho...
South Korean-operated vessel ablaze in Strait of Hormuz; Trump says Iran fired at shipA South Korean ship experienced an explosion and fire in the Strait of Hormuz. U.S. President Trump stated Iran was responsible for the att...
Global tech outage eases after widespread disruption, new focus seen on risksA CrowdStrike error caused global IT outages, impacting FedEx, Meta, and healthcare. Delta canceled 20% of flights. Microsoft aids recovery...
Baltimore bridge collapse: Six workers presumed dead; shocking sight to seeSix workers are missing and presumed dead after a cargo ship collision caused a Baltimore bridge collapse, leading to a major port closure....
No adverse impact of Red Sea crisis so far on India's tradeThere is no adverse impact on India's exports and imports so far due to the Red Sea crisis, an official said. The transportation cost has i...
Longer disruptions at Red Sea trade route may hurt auto, electronics production: GTRIThe Global Trade Research Initiative (GTRI) warned that longer disruptions at the Red Sea trade route can harm manufacturing lines of secto...
Houthis show no sign of ending 'reckless' Red Sea attacks as trade traffic picks up, says commanderThe top commander of US naval forces in the Middle East has claimed that Yemen's Houthi rebels show no signs of ending their "reckless" att...
Merchant ship linked to Israel hit by drone strike off India's coastA drone strike damaged a merchant ship in the Indian Ocean off the coast of India, causing a fire on board. The unclaimed attack targeted a...
Shippers mask positions, weigh options amid Red Sea attacksA number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in ...
Missile fired from rebel-controlled Yemen misses a container ship in Bab el-Mandeb StraitYemen's Houthi rebels fired a missile at a container ship in Bab el-Mandeb Strait, narrowly missing. The rebels threatened further attacks,...
No slowdown yet: US import deluge tests supply chainLast week, the Port of New York and New Jersey reported that its June 2022 volumes were the second-highest in history, capping a torrid sem...
Rice faces squeeze on higher fertilizer costs and booming demandMuch is riding on the rice crop in India, which ships about 40% of the world’s exports of the staple. “Global supply is at risk, but for no...
Smart Shipping: Can this be the answer for resolving supply chain woes?The shipping industry is still at sea when it comes to dealing with the supply chain crisis which is showing no signs of getting better. Th...
Suez Blockage: Ship unstuck but insurers concerned about millions of dollars in claimsFrom India, ICICI Lombard and Tata AIG are the leading marine insurers from the private sector whereas New India Assurance and Oriental Ins...
Businesses feel the need to be near customers as pandemic upends a $160 billion sectorLocalised lockdown to control Covid-19 has spelt trouble for the logistics sector’s reliable hub and spoke model. Does the model now need a...
- Piracy spikes in South China Sea
Piracy has tripled in the South China Sea reaching 30 attacks in the first nine months of the year.
- Indian navy mistaken Thai trawler for pirate boat
An international martime agency said that a boat sunk by India's navy last week near Somalia was a Thai fishing trawler not a pirate ``moth...