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...The fatalities were the first since the Houthis began attacking commercial shipping in November in response to Israel’s offensive in Gaza....
...Ambrey Intelligence, a UK-based maritime security company, said the missile had caused a fire in one hold of the vessel but that it remained seaworthy....
...The vessel is managed by SR Shipping, part of a steelmaking company called the Kabir group. The company did not immediately respond to questions....
...“It opens up new parts of the market to us,” said Nick Landon, Royal Mail’s chief commercial officer, pointing out that its proximity to many distribution centres allowed the operator to accept orders placed...
...The Houthis say they are targeting commercial ships in the Red Sea and Gulf of Aden in support of Palestinians during the Israel-Hamas war in Gaza....
...Roy Khoury, Blue Fleet Group’s chief executive, told the Financial Times in an email that the company was the “exclusive broker” for the vessel’s owner, meaning Blue Fleet handled commercial arrangements...
...However, the group was working with a salvage company to have the ship towed to Djibouti....
...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 Copenhagen-based company’s other vessels have been travelling via the Cape of Good Hope since December....
...They acted after a campaign of attacks on commercial ships was launched by Yemen’s Iran-backed Houthis in support of Gaza’s Palestinians....
...“You have commercial interest and you see this capacity gap and you see the demand,” Shen said of the lines’ motivation for moving ships to the region....
...Two of the world’s biggest container shipping lines have announced a new partnership, in a major reshaping of the industry’s commercial relationships....
...The increased emissions are a result of vessels being rerouted because of the attacks by Yemen’s Houthis on commercial ships in the Red Sea and Gulf of Aden....
...This heightens the pressure on commercial enterprises to pay within a shorter timeframe amid tightening cash flow....
...They made the assessment during a slowdown in successful missile launches by the Houthis, who claim to be targeting commercial ships in solidarity with Gaza’s Palestinians....
...“As a result of the impact, the vessel suffered limited damage to a cargo hold but is stable and is heading out of the area,” the company said....
...No injuries or damage were reported in what the US said was the 26th attack on commercial shipping in the Red Sea since November 19....
...Institutions and commercial dealers generally regard the British system as necessary, efficient and fair....
...UK Prime Minister Rishi Sunak said the strikes, involving US missiles and four RAF Typhoon fighters, were “necessary and proportionate” as the Houthi attacks had risked the lives of commercial seamen, targeted...
...“We are deeply concerned about the highly escalated security situation in the southern Red Sea and Gulf of Aden,” said Mærsk, adding that the attacks on commercial vessels posed a “significant threat” to...
...The attack came after the USS Mason had responded to a distress call from the M/V Central Park, which had been boarded by unknown assailants, Centcom said....
...In the case of White & Case, for example, the firm worked with the Ukrainian finance ministry, road agency and national power company following Russia’s invasion of the country last year....
...Many commercial shipping companies have decided to avoid the critical shipping route, opting instead to take the longer journey between Asia and Europe around the Cape of Good Hope....
...Best known as a designer of ineffectual lemon squeezers, he is following in Raymond Loewy’s path with his work for Axiom Space, a company that has a contract from Nasa to build the first commercial space...
...It isn’t to Airbus — the A220 only represents about 7 per cent of the company’s annual commercial aircraft revenues,” said Tusa....
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