Environment
Politics
Sinking of Rubymar risks environmental catastrophe
The sinking of a fertilizer-laden bulk carrier in the Red Sea threatens to cause untold damage to the local marine ecosystem.
The sinking of a fertilizer-laden bulk carrier in the Red Sea threatens to cause untold damage to the local marine ecosystem.
The Rubymar was carrying combustible fertilizer, which could potentially lead to an environmental catastrophe in the region.
Strategic investments and infrastructure enhancements are crucial for the region's growth.
Industry experts fear trade rerouting and new inflationary pressures, particularly impacting DAP fertilizer manufacturing.
The US accused Houthi rebels of launching an unmanned naval ‘suicide’ vessel into international shipping lanes in the Red Sea on Thursday.
Houthi attacks on vessels transiting through the Bab al-Mandeb Strait have reportedly had a major impact on Israel's only Red Sea cargo terminal.