Shipping

ZIM reports $1.13 billion net profit in Q3 , driven by record cargo volume

ZIM’s Q3 results show record-high cargo and a $1.13B profit, boosting 2024 projections.

New intimidation tactic: Houthis begin emailing threats to German shipping companies

The Iran-backed Houthi terrorists, who have launched numerous maritime attacks over the past year, have added a new tactic to their arsenal: Emails. 

Prepare to be attacked: Houthis warn shipowners in new phase of Red Sea campaign

The Houthis have carried out nearly 100 attacks on ships crossing the Red Sea since November, acting in solidarity with Hamas in Gaza.

By REUTERS
03/10/2024

Illegal handling fees for FedEx shipments to Israel

Consumer Protection Authority to fine FedEx for unauthorized charges on overseas orders to Israel; FedEx denies claims contradicting consumer laws.

By LIAT RON
13/09/2024

Shadow war: Houthi attacks paved way for Iran's naval supremacy

As the West is distracted by the Houthis, Iran can now enjoy a new era of naval supremacy in the region.

Tanker reports attack off Yemen's Hodeidah, UKMTO says

Iran-aligned Houthi militants have launched a series of attacks on international shipping near Yemen since last November in solidarity with Palestinians.

By REUTERS
21/08/2024

Zim shipping brings in $373m net profit in second quarter of 2024.

"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.

By MOSHE COHEN
19/08/2024

Houthis damage cargo ship in Gulf of Aden as it steps up attacks

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.

By REUTERS
19/07/2024

Merchant vessel reports two explosions west of Yemen's Mocha, Ambrey says

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.

12/07/2024

Iranian warship suffers accident in port of Bandar Abbas, several suffering minor wounds

The Sahand frigade is part of the Southern Fleet of Iran's Navy. 

07/07/2024
Subscribe for our daily newsletter
Subscribe for our daily newsletter

By subscribing I accept the terms of use and privacy policy