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...In an indication that threats have also spread to the Gulf, an oil tanker off the coast of Oman was seized on Thursday by what UK maritime authorities said were people in black military-style uniforms....
...Williams, with a market value of $37bn, is paid to transport gas but does not sell the fuel itself....
...The Houthis started a campaign of attacks on commercial ships in the Red Sea and the Gulf of Aden in November, following the outbreak of the war between Israel and Hamas....
...The vessel is currently off the coast of Iran, after spending three years in the Red Sea and Gulf of Aden....
...The head of the UN organisation for maritime issues has warned shipping companies to be on high alert for piracy off the African coast after ship seizures in recent months raised concerns that diversions...
...Despite the geopolitical jitters, European airlines have watched with rising concern the growth of Turkish and airlines in the Gulf which connect east and west via stopovers....
...Iranian forces seized an oil tanker off the coast of Oman as the threat to shipping in the Middle East spilled into one of the world’s most important oil export routes....
...Letter in response to this article: Shipping lives with arcane world of geopolitics / From Enrico Vergani, Partner and Lead on Shipping, Transport & Logistics, BonelliErede (lawyers), London EC4, UK...
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...Its announcement came after one of its container ships, the Al Jasrah, was attacked while sailing close to the Yemen coast on Friday....
...Shipping lines are also diverting some services between Asia and the US east coast that previously went via the Red Sea and the Suez Canal....
...In any case, the obvious locus of a destabilising conflict is just 150km off the Chinese coast....
...“We have therefore decided that all Maersk vessels due to transit the Red Sea/Gulf of Aden will be diverted south around the Cape of Good Hope for the foreseeable future.”...
...On Sunday, the Pentagon said a US warship and three commercial vessels had come under attack off the Yemeni coast, prompting concerns that Houthi rebels — who targeted Israeli ships last month — and their...
...Vessel tracking showed the Norwegian coast guard following both the Chinese and Russian vessels before they entered the Arctic....
...The strikes came a day after Iranian forces seized an oil tanker off the Oman coast, and Houthi forces fired a missile into international shipping lanes in the Gulf of Aden....
...That cash flow is being ploughed into both drilling and carbon capture technology, including CO₂ sequestration facilities, transport pipelines and storage concentrated along the Gulf of Mexico coast....
...Torgmoll, a Chinese transport and logistics group and its newest subsidiary, NewNew Shipping Line, serve Sino-Russian Arctic cabotage and commerce....
...Under the deal announced on Tuesday, CRH will acquire a 2.1mn tonne capacity cement plant between San Antonio and Austin, a network of terminals along the eastern gulf coast of Texas and a portfolio of 20...
...The average cost of sending a 40ft container from China to the US Gulf Coast via the canal at short notice has risen 36 per cent to $2,400 since the end of June, according to data provider Xeneta....
...In a city that has been waiting years for its delayed metro system to be finished, has no other public transport and a dearth of taxis, unreliable ride hailing services compound the problem....
...Its strongest market, the US west coast, is still far from a full recovery, noted Truist analyst Youssef Squali....
...The freight cost from the US Gulf Coast to north-east Asia was assessed at $478,000 a day and to north-west Europe at $468,000 a day at October 31, according to data provider Argus Media....
...The most eye-catching — and controversial — is Neom, a $500bn scheme to create a massive futuristic development along the Red Sea coast with a 170km-long linear city in the desert, known as the Line, at...
...A version of this article was first published by Nikkei Asia on April 13. ©2023 Nikkei Inc. All rights reserved....
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