• About
  • Advertise
  • Careers
Sunday, October 25, 2026
Maritime Gateway
Advertisement
  • Home
  • Shipping
    • NVOCC
    • Tankers
  • Cargo
    • Air Cargo
    • Container Cargo
    • Dry Bulk
    • Liquid Bulk
    • LNG
    • Project Cargo
  • Global News
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle East
  • Ports & Terminals
    • Bulk Ports
    • Container Terminals
    • Port & Terminal Equipment
  • Logistics
    • Freight Forwarding
    • Logistics Parks
    • Supply Chain
    • Warehousing
  • Transport & Multimodal
    • Multimodal Transport
    • Rail
    • Trucking
    • Inland Waterways
  • Insights
    • Magazines
    • Interviews
    • Reports
    • Newsletters
    • Webinars
No Result
View All Result
  • Home
  • Shipping
    • NVOCC
    • Tankers
  • Cargo
    • Air Cargo
    • Container Cargo
    • Dry Bulk
    • Liquid Bulk
    • LNG
    • Project Cargo
  • Global News
    • Africa
    • Americas
    • Asia
    • Europe
    • Middle East
  • Ports & Terminals
    • Bulk Ports
    • Container Terminals
    • Port & Terminal Equipment
  • Logistics
    • Freight Forwarding
    • Logistics Parks
    • Supply Chain
    • Warehousing
  • Transport & Multimodal
    • Multimodal Transport
    • Rail
    • Trucking
    • Inland Waterways
  • Insights
    • Magazines
    • Interviews
    • Reports
    • Newsletters
    • Webinars
No Result
View All Result
Maritime Gateway
No Result
View All Result
Home
News

Disruption in north Arabian Sea increases shipping costs and insurance

by Kalpana Pandey
December 18, 2023
in News, Shipping
Reading Time: 2 mins read
A A
Container shipping

RelatedPosts

Paradip Port Targets 170 MMT Cargo as PPA Reviews Infrastructure and Operational Efficiency

Edgistify Adds 68,000 Sq Ft Warehouse at IndoSpace Luhari to Expand Gurugram Network

National Strategic Trade Command Centre Opens to Strengthen India’s Export Oversight

India’s Merchandise Exports Rise 23% as First-Half Earnings Reach $259.89 Billion

With Iran-backed Shia Houthi militia coming out in support of Hamas terrorists in Gaza and randomly targeting commercial shipping in the Red Sea and Somalian Pirates playing havoc off the Gulf of Aden, major shipping companies are avoiding Bab El-Mandeb chokepoint as a result of which shipping costs and insurance have gone up.

While Houthi militia are targeting commercial shipping in the Red Sea with cruise missiles and missile-firing drones to deter them from proceeding to the Israeli port of Eilat, Somalian pirates have taken control of Malta-flagged MV Ruen and are currently proceeding towards Mogadishu in Somalia. The Indian Navy guided-missile destroyer INS Kochi is in the vicinity of the hijacked ship but the Japanese destroyer JMSDF Akebono has detached itself from the pursuit and has left the vicinity.

It is quite evident that the owners of MV Ruen will have to pay ransom to the Somali pirates to get their ship released from captivity as any armed intervention will lead to loss of lives of the hostage crew. The Somalian pirates boarded MV Ruen around the island of Socotra off the coast of Aden and proceeded towards the Somalian coast. None of the 18 crew has Indian nationality with the injured among them in stable condition. It is understood that Spanish Frigate Victoria had also joined the pursuit to deter the pirates but the status of the ship is not known now.

Although US and NATO warships are trying to protect commercial shipping from Houthi attacks, the Shia rebels at the instigation of Iran have opened a sea front of the coast of Yemen just as another Iranian terror proxy Hezbollah has opened a land front with Israel in South Lebanon. More than one-sixth of global commercial shipping traffic passes through the Red Sea and any disruption like the current one spikes the trade costs.

With Israel in no mood to let the Hamas terrorist group off the hook for the October 7 massacre, it is quite evident that sea lanes of communication in this part of north Arabian Sea will remain disrupted unless pressure is put on Houthi handlers in Tehran to back off. And till such time, the Somalian pirates will make huge amounts of ransom money at the cost of this disruption.

Tags: Arabian seaHamasHouthi rebels
Previous Post

India plans warehouse in UAE, akin to China

Next Post

OOCL halts Israel shipments amid escalating Red Sea threat

Kalpana Pandey

The Maritime Gateway Editorial Team delivers trusted news, analysis, and insights on shipping, ports, logistics, supply chains, and global trade, backed by industry expertise and editorial review.

Next Post
OOCL

OOCL halts Israel shipments amid escalating Red Sea threat

Popular News

Paradip Port Targets 170 MMT Cargo

Paradip Port Targets 170 MMT Cargo as PPA Reviews Infrastructure and Operational Efficiency

October 16, 2026
Haryana CM flags off first goods train

Haryana CM flags off first goods train from rail yard at Integrated Multi Modal Logistics Hub in Mahendragarh district

August 24, 2026
Hooghly Cochin Shipyard Wins Repeat Order for Two Luxury River Cruise Vessels

Hooghly Cochin Shipyard Wins Repeat Order for Two Luxury River Cruise Vessels from Antara

October 10, 2026
India’s Merchandise Exports Rise 23%

India’s Merchandise Exports Rise 23% as First-Half Earnings Reach $259.89 Billion

October 16, 2026

Popular News

Paradip Port Targets 170 MMT Cargo

Paradip Port Targets 170 MMT Cargo as PPA Reviews Infrastructure and Operational Efficiency

October 16, 2026
Haryana CM flags off first goods train

Haryana CM flags off first goods train from rail yard at Integrated Multi Modal Logistics Hub in Mahendragarh district

August 24, 2026
Hooghly Cochin Shipyard Wins Repeat Order for Two Luxury River Cruise Vessels

Hooghly Cochin Shipyard Wins Repeat Order for Two Luxury River Cruise Vessels from Antara

October 10, 2026
India’s Merchandise Exports Rise 23%

India’s Merchandise Exports Rise 23% as First-Half Earnings Reach $259.89 Billion

October 16, 2026

Latest Shipping and logistics news covering marine, Ports, Shipping, Logistics, containers, dry bulk & tankers that drive South Asian maritime Industry.

Site Links

  • Interviews
  • News
  • Government
  • Shipping
  • Cargo News

Site Links

  • Interviews
  • News
  • Government
  • Shipping
  • Cargo News

Follow Us

© 2026 – Powered by .

  • Terms of Use
  • Privacy Policy
  • Manage Cookies
  • License
No Result
View All Result
  • Home

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.