LPG-Laden Tanker on Fire off Yemen, EU’s Naval Force Says
Article 0 Comments The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the...
Tagged: Israel Hamas war
Israel Financial System Resilient Despite Wars, Central Bank Says
Article 0 Comments Israel’s financial system shows “high resilience” despite the country’s military conflicts and ongoing geopolitical uncertainty that have persisted for more than a year, the Bank of Israel said in a report...
Crew Abandon HK-Flagged Container Ship in Red Sea After Fire: Sources
Article 0 Comments The crew of the Hong Kong-flagged ASL Bauhinia have abandoned the container ship in the Red Sea after it caught fire on Tuesday, two maritime sources said, adding the cause of...
The Wartime Risk Insurers Making Fortunes Keeping Trade Moving
Article 0 Comments Inside faceless office buildings scattered around London, a niche corner of the insurance market is keeping hundreds of billions of dollars in commodity trade moving through some of the world’s most...
Gas Tanker’s Detour of 8,000 Kilometers Highlights Shipping’s Current Chokepoints
Article 0 Comments A gas tanker’s long, circuitous journey is highlighting the toll that war and climate change are taking on the shipping industry. Pacific Weihai loaded in Houston on Dec. 14 with a...
Update: Airlines Wrestle With Safety Risks of Evacuation Operations in Israel
Article 0 Comments Airlines wrestled with the safety risk of evacuation operations in Israel on Thursday, with Norwegian Air and Dutch KLM canceling flights while Air France was going ahead with a special flight...