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...The Behshad, which outwardly looks like a standard dry bulk carrier, moved to the Gulf of Aden in January after years in the Red Sea, just as attacks on vessels surged in the vital waterway off Yemen....
...The campaign of attacks by Yemen’s Houthis on commercial ships claimed its first fatalities on Wednesday when a strike on a Barbados-flagged dry bulk carrier in the Gulf of Aden left three seafarers dead...
...The campaign of attacks by Yemen’s Houthis on commercial ships has claimed its first fatalities, with a strike on a Barbados-flagged dry bulk carrier in the Gulf of Aden killing three seafarers and injuring...
...Dry bulk carriers such as the Gibraltar Eagle have mostly continued to transit through the Red Sea, however....
...Another dry bulk carrier, the Sea Champion, faced two missile attacks on Monday in the Gulf of Aden....
...That followed Monday’s missile strike on another bulk carrier in the Gulf of Aden....
...“If they want to move their cargo, they will have to accept a significant increase in their carbon emissions,” the company wrote in a note....
...A missile launched at the Morning Tide, a cargo ship, flew over its deck but caused only minor damage....
...Central Park’s owner, UK-based Zodiac Maritime, confirmed that the vessel had been attacked by “pirates”, but that all of the crew, the vessel and its cargo were unharmed....
...In 2019, Iran’s Revolutionary Guard Corps sparked a diplomatic and maritime security crisis in the world’s busiest energy waterway....
...Zim, the New-York listed Israeli cargo shipping company, said last week that it was rerouting some of its vessels and warned customers of longer transit times....
...The Niovi, a Panama-flagged oil tanker, was sailing from Dubai towards the United Arab Emirates port of Fujairah in the Gulf of Oman when it was seized by the Islamic Revolutionary Guard Corps Navy, the...
...It introduced a freshwater surcharge in 2020, and in 2021 hired the US Army Corps of Engineers to advise on its water supply programme....
...The airline is expected to overtake Saudia as the national carrier....
...A shipyard subsidiary of China State Shipbuilding Corp, the world’s largest commercial shipbuilder, produced the Fujian....
...Some analysts have predicted this could boost Gulf carriers, as it would reduce the competitive advantage of European airlines that offer nonstop flights to Asia....
...But even the Big Law powerhouse, which has vanquished some of the toughest hedge funds on Wall Street, should not belie what the street- fighting, wild-haired, cargo-short-sporting billionaire could become...
...The statement came after Iran’s Tasnim News Agency, affiliated to the Islamic Revolutionary Guard Corps, said on Friday that 17 other Greek tankers were in the Gulf waters, which could be seized by the elite...
...The Gulf state carrier last month announced that it was suing Airbus over what it described as the “accelerated surface degradation” of the A350....
...Arthur Richier, lead freight analyst at Vortexa, said it was a “big unknown” if the ships would actually discharge cargo in Europe, but added that he expected more diversions....
...The letter, seen by the Financial Times and first reported by Reuters, was signed by the largest US carriers as well as the air freight arms of two of the biggest logistics groups, UPS and FedEx....
...Gulf airline Etihad halved its losses in the first half of this year as cost cuts and a buoyant cargo market helped offset a slower than expected return to global air travel....
...Emirates has pared back its losses as demand for travel rebounds with the Gulf airline’s revenues surging 86 per cent....
...Last year, Galvis advised the US Treasury on emergency loans for air cargo carriers and contractors as a response to the pandemic....
...There is now a backlog of passenger planes waiting to be redeveloped into cargo carriers, and Hughes expects there to be a “strategic shift” in the industry given that passenger numbers are not forecast...
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