Half of the workers at Israel’s Eilat Port are in jeopardy of losing their jobs due to …
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Houthi attacks on Red Sea
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Maersk said on Thursday that it expects 2024 earnings to be significantly lower than last year’s level …
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FeatureIndustry & TradeInternational NewsMENA NewsNewsTech/AI
Hapag-Lloyd to offer transits in S. Arabia over Red Sea attacks
by Sama Mousaby Sama MousaGerman shipping giant Hapag-Lloyd will introduce land corridors through Saudi Arabia to mitigate the impact of the …
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FeatureIndustry & TradeInternational NewsMENA NewsNewsTech/AI
Bunker fuel prices soar amid Red Sea diversions
by Sama Mousaby Sama MousaBunker fuel prices soared in Africa and the Mediterranean amid increasing demand due to the diversions in …
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Tesla Inc. has cut the prices of its Model Y electric vehicle (EV) in Germany, Reuters reported …
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FeatureIndustry & TradeInternational NewsMENA NewsNewsTech/AI
Japan’s NYK suspends Red Sea navigation
by Sama Mousaby Sama MousaJapan’s Nippon Yusen (NYK), the country’s biggest shipper by sales, put on hold Red Sea navigation for …
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Egypt NewsFeatureIndustry & TradeInternational NewsMENA NewsNewsTech/AI
Qatar, Russia divert vessels from Red Sea
by Sama Mousaby Sama MousaQatar and Russia, suppliers of liquefied natural gas, are avoiding the Suez Canal in light of heightened …
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FeatureInternational NewsMENA NewsNewsTech newsTech/AI
Suzuki halts Hungary plant for 1 week over Red Sea attacks
by Sama Mousaby Sama MousaSuzuki Motor said on Monday it will halt production of its Vitara and S-CROSS in Hungary for …
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FeatureIndustry & TradeInternational NewsMENA NewsNewsTech/AI
Qatar Energy pauses LNG Red Sea shipping amid attacks
by Sama Mousaby Sama MousaQatarEnergy, world’s second largest exporter of liquefied natural gas (LNG), paused Red Sea, a senior source familiar …
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European gad prices rebounded after a two-day decline due to ongoing attacks on ships in the Red …