Seven Saudi tankers go dark off Yemen after Houthi attack

Seven Saudi tankers appear to have shut off their transponders that make their position visible to the world after last week’s Houthi attack on two VLCCs in the Red Sea, according to S&P Global Platts trade flow software cFlow. Two unnamed Saudi-owned VLCCs were attacked off the west coast of Yemen last week, prompting state-owned
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Ocean Network Express (East Asia) Ltd (ONE EA) on July 31 celebrated the maiden voyage of the second in a series of seven 14,000-TEU class magenta containerships of the company, ONE MINATO, at Yantian International Container Terminals Limited (YICT). Sailed under the flag of Japan, ONE MINATO is a newly-built 14,000-TEU class containership which was
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GENEVA: G20 members including India and the U.S. have applied as many as 39 new trade-restrictive measures such as higher duties and taxes as also stricter customs procedures during seven months to mid-May, a WTO report has said. The trade-restrictive measures in G20 economies have doubled compared to the previous review period, the report added.
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