ZIM’s Q3 results show record-high cargo and a $1.13B profit, boosting 2024 projections.
The Iran-backed Houthi terrorists, who have launched numerous maritime attacks over the past year, have added a new tactic to their arsenal: Emails.
The Houthis have carried out nearly 100 attacks on ships crossing the Red Sea since November, acting in solidarity with Hamas in Gaza.
Consumer Protection Authority to fine FedEx for unauthorized charges on overseas orders to Israel; FedEx denies claims contradicting consumer laws.
As the West is distracted by the Houthis, Iran can now enjoy a new era of naval supremacy in the region.
Iran-aligned Houthi militants have launched a series of attacks on international shipping near Yemen since last November in solidarity with Palestinians.
"We expect stronger performance in the second half of 2024 compared to the first half due to ongoing supply constraints from the unresolved Red Sea crisis," CEO Eli Glickman said.
Lobivia was in the Gulf of Aden when the missiles struck two areas on its port side, the Joint Maritime Information Center (JMIC) said in an incident report.
The Houthis have been launching drone and missile strikes on shipping routes in the Red Sea and Gulf of Aden since November, claiming to act in solidarity with Palestinians in Israel's war in Gaza.
The Sahand frigade is part of the Southern Fleet of Iran's Navy.