Exporters suffer as Houthi attacks make vessel cover costlier

Indian Navy Rescues Panama-Flagged Ship from Houthi Rebels in the Red Sea | Oneindia News

In a daring rescue operation, the Indian Navy saves a Panama-flagged ship, predominantly manned by 22 Indian crew members, from the clutches of Houthi rebels amidst escalating maritime tensions. Stay updated with the latest developments in this ongoing series of drone and missile strikes. #IndianNavy #IndianNavyRescue #Houthis #HouthiRebels #outhiAttacks #PanamaFlaggedShip #RedSea #RedSeaCrisis #RedSeaAttacks #IsraelHamasWar #INSKochi #Yemen #Oneindia ~PR.274~ED.101~GR.125~HT.96~

Houthis Target UK Oil Tanker and U.S. Drone in the Read Sea | Israel-Hamas War | Oneindia News

In the latest escalation, Yemen's Houthi rebels strike once more, damaging an oil tanker and downing a US drone amid tensions over Israel's offensive in Gaza. Stay updated with the latest developments in this volatile situation. #RedSeaCrisis #RedSeaAttacks #Houthis #HouthisvsIsrael #UKOilTanker #USDrone #IsraelHamasWar #BanjaminNetanyahu #Gaza #GazaHumanitarianCrisis #Oneindia ~PR.274~ED.101~GR.122~HT.96~

UK Navy Thwarts Houthi Missile Attack on Merchant Vessel, HMS Diamond Responds| OneIndia News

The HMS Diamond, a UK warship, intercepted a ballistic missile launched by Houthi rebels in Yemen, marking the Royal Navy's first such interception since the Gulf War. Deployed in the Gulf of Aden to protect a commercial vessel, the Type 45 destroyer used advanced Sea Viper missile interceptors. The targeted ship, MV Yorktown, was unharmed. This highlights escalating tensions in the region, with Houthi rebels employing Iranian-origin missiles and drones #HMSDiamond #UKWarship #HouthiRebels #GulfWar #GulfofAden #IsraelGaza #Gazawar #Worldnews #Oneinda #Oneindianews ~PR.320~ED.155~

Houthi Rebels Resume Red Sea Strikes, India-Bound Oil Tanker Targeted| OneIndia News

Yemen's Houthi rebels claimed responsibility for striking the Andromeda Star oil tanker in the Red Sea, part of their solidarity with Palestinians amid the Gaza conflict. The ship sustained damage, confirmed by Ambrey. Recent attacks on commercial vessels raise concerns of regional destabilization. The USS Dwight D. Eisenhower's departure from the Red Sea coincided with heightened tensions. #Yemen #HouthiRebels #Palestine #GazaConflict #HouthiAttacks #RedSeaAttacks #Israel #Gazawar #Worldnews #MiddleEastnews #Oneinda #Oneindia news ~ED.155~PR.320~GR.122~

Tesla Sales Drop More Than Expected

Tesla Sales Drop , More Than Expected. The automaker has posted its first yearly drop in sales since the onset of the pandemic, CNN reports. . The company reportedly built 433,000 units but only delivered 387,000. That's significantly less than the 484,507 vehicles it delivered in the last three months of 2023. Tesla shares fell 5% on April 1. . Tesla partially attributed the sales drop to increased production of the updated Model 3 at its factory in Fremont. The company also cited factory shutdowns caused by ships being diverted from the Red Sea because of attacks by Iran-backed Houthi militants, CNN reports. The company also cited factory shutdowns caused by ships being diverted from the Red Sea because of attacks by Iran-backed Houthi militants, CNN reports. Additionally, its factory in Germany shut down for a week because of an arson attack. . Increased competition from brands such as China's BYD have also impacted sales, CNN reports. . Increased competition from brands such as China's BYD have also impacted sales, CNN reports. . Wedbush Securities analyst Dan Ives referred to Tesla demand in China as "very soft coming out of the gates for 2024.". While we were anticipating a bad first quarter, this was an unmitigated disaster that is hard to explain away, Wedbush Securities analyst Dan Ives, via note to clients. We view this as a seminal moment in the Tesla story for Musk to either turn this around and reverse the black eye first quarter performance. , Wedbush Securities analyst Dan Ives, via note to clients. Otherwise, some darker days could clearly be ahead that could disrupt the long-term Tesla narrative, Wedbush Securities analyst Dan Ives, via note to clients