The Dutch-flagged cargo ship Minervagracht was ablaze and adrift in the Gulf of Aden on Tuesday, a day after being hit by an explosive device, its operator and the EU maritime mission Aspides said.Yemen's Houthi militants claimed responsibility on Wednesday for the attack, saying it was carried out by a cruise missile.
Yemen's Houthis said on Monday they launched a missile towards the Israeli-owned tanker Scarlet Ray near Saudi Arabia's Red Sea port city of Yanbu in a rare attack off the Saudi coast.The Liberia-flagged vessel's Singapore-based manager, Eastern Pacific Shipping, owned by Israeli magnate Idan Ofer, said the chemical tanker was undamaged and under the command of its captain.
The World Bank said on Tuesday higher tariffs on Indian goods exported to the U.S. would be a drag on South Asia's economic growth rate in 2026, even as it remains shielded in the current year by government spending.The World Bank said growth in South Asia was expected to slow sharply to 5.8% in 2026 from its projection of 6.6% for 2025.
The Dutch-flagged general cargo ship Minervagracht is on fire and drifting in the Gulf of Aden after an attack with an explosive device required the helicopter rescue of its 19 crew, the EU maritime mission Aspides and the vessel's operator said on Monday.It was not immediately clear whether the attack that injured two sailors was carried out by Yemen's Iran-aligned Houthis
U.S. President Donald Trump's doubling of tariffs on imports from India to as much as 50% took effect as scheduled on Wednesday, dealing a serious blow to ties between the two countries that became strategic partners after the turn of this century.A punitive 25% tariff imposed due to India's purchases of Russian oil adds to Trump's prior 25% tariff on many imports from the South Asian nation and
U.S. President Donald Trump issued an executive order on Wednesday imposing an additional 25% tariff on goods from India, saying the country directly or indirectly imported Russian oil.The additional tariffs mean India will face the highest levy along with Brazil, putting it at a significant disadvantage against regional competitors such as Vietnam and Bangladesh.
The Netherlands called on the EU on Wednesday to sanction Yemen's Houthis as a terrorist group, after the organisation claimed responsibility for an attack on the Dutch-flagged general cargo ship Minervagracht in the Gulf of Aden.The Iran-aligned group has launched numerous assaults on vessels in the Red Sea since 2023
TDI-Brooks has recently finalized a geological evaluation in the Gulf of Mexico on behalf of Enbridge. For this project, TDI-Brooks utilized the R/V BROOKS MCCALL, executing 38 piston cores (PC), 7 gravity cone penetration tests (gCPTs), and 82 box cores (BC). TDI-Brooks has conducted previous geotechnical projects for Enbridge in the Gulf of Mexico.
The Massachusetts Port Authority (Massport) today celebrated a record-breaking passenger count at Flynn Cruiseport Boston this year with just over 480,000 passengers, a 29 percent passenger increase over last year.Flynn Cruiseport welcomed a total 167 cruise ships this season –18 more ships and a 12 percent increase over 2023.