The United States on Tuesday launched a multinational operation to safeguard commerce in the Red Sea as attacks by Iran-backed Yemeni militants forced major shipping companies to reroute, stoking fears of sustained disruptions to global trade.The Houthi militant group, which controls vast amounts of territory in Yemen after years of war
Oman's Salalah port reported a 16% decline in container volumes in the first half of the year as ships reroute around the southern tip of Africa to avoid missile and drone attacks in the Red Sea.The port, which is Oman's closest to the border with Yemen, handled 1.679 million shipping containers in the six months to June 30, compared with 1.
Steerprop has been chosen to supply advanced ice-classed bow thrusters to the Canadian Coast Guard’s new Polar Icebreaker. The ship will be designed and built by Seaspan Shipyards as part of Canada’s National Shipbuilding Strategy.Steerprop will equip the Polar Icebreaker with two arctic tunnel thrusters specially designed to meet the most demanding ice conditions