Shipping
Israeli shipping giant ZIM to be sold for $4.2 billion to German, Israeli capitals - Calcalist
The move, which was approved by the ZIM board of directors, came after both the ZIM’s workers’ committee and senior Israeli politicians expressed opposition to the acquisition.
Maersk navigates Red Sea route again as Gaza ceasefire holds
In the eye of Storm Byron: Israeli, Cypriot, Greek authorities continue search for missing yacht
German bid for Zim with Saudi, Qatari backing raises Israel security concerns
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.
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.
Shadow war: Houthi attacks paved way for Iran's naval supremacy - analysis
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.
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.
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.
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.
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.
