Water levels on the river Rhine in Germany hit new lows on Tuesday in the current heatwave, the country’s inland navigation agency said, with cargo vessels continuing sailings carrying greatly reduced loads at higher prices.Inland navigation agency WSV said the…
India's shipping ministry reports that an Indian-flagged vessel was hit and sunk in the southern Red Sea, the latest war-risk casualty off the coast of Yemen. Maritime security consultancy Windward identified the incident as a bomb-boat attack.
Freight rates for Russia's flagship Urals crude shipments from western ports to India have jumped by about 50 per cent since mid-July as rising global shipping costs and security risks in the Black Sea deter shipowners from calling at Russian…
The Ministry of Reconstruction, Infrastructure, and Transport of Ukraine asserts that Russia is now trying to intimidate international shipowners and undermine confidence in the safety of civilian shipping.
Shipping activity overnight and into August 1 appears to have been subdued in the Strait of Hormuz, with two Iranian attacks on vessels in transit late Friday. No attacks or disruptions were noted in the Hormuz on Saturday or Sunday.
The Russia – Ukraine war started on 24 February 2022, when Moscow invaded its neighbor. The invasion triggered widespread condemnation, and a coalition of over 40 countries has imposed coordinated economic sanctions on Russia as a result.
