City
Epaper

Jordan forms committee to monitor impact of Red Sea developments on shipping

By IANS | Updated: December 29, 2023 05:15 IST

Amman, Dec 29 The Jordan Chamber of Commerce and the Transport Ministry has agreed to form a joint ...

Open in App

Amman, Dec 29 The Jordan Chamber of Commerce and the Transport Ministry has agreed to form a joint committee to monitor shipping safety in the Red Sea and other developments in the key waterway.

Members of the committee include those from the Jordan Chamber of Commerce, Jordan Maritime Union, Logistics Union, and Clearance Companies Union, as well as the Freight Transport Union, the state-run Al Mamlaka TV reported on Thursday.

The committee is formed to unify efforts and address technical issues to overcome any obstacles related to maritime shipping, it reported.

Speaking at a meeting of the Jordan Chamber of Commerce, Minister of Transport Wesam Al Tahtamouni said that supply chains to the port of Aqaba remain intact, but the challenge lies in the rising costs, Xinhua news agency reported.

The Jordanian government is considering a series of measures to mitigate the impact of increasing shipping and insurance costs on consumers, he noted.

Tahtamouni said the rising costs are due to the recent attacks on commercial ships in the Bab el Mandeb area, a strait that connects the Red Sea to the Gulf of Aden, leading to route changes which result in longer journey and higher shipping prices as many shipping companies have to avoid the Red Sea.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

TechnologySensex, Nifty open slightly higher; IT stocks lead early market gains

BusinessSensex, Nifty open slightly higher; IT stocks lead early market gains

FootballCristiano Ronaldo's bicycle kick highlight of Al-Nassr's 9th successive win in Saudi Pro League 2025/26

EntertainmentEva Longoria: You have more wisdom, patience when you become a mother in your 40s

EntertainmentLara Dutta quips about struggle to make Mahesh Bhupathi smile for photos

Politics Realted Stories

MaharashtraSanjay Raut Says Sena–MNS Already Together No Need Others Permission

MaharashtraBig Jolt to Sharad Pawar as Salil Deshmukh, Son of Anil Deshmukh, Quits NCP-SP

PoliticsEknath Shinde Issues Strict No-Crossover Order After Meeting Amit Shah; Directive Communicated to All Shiv Sena Leaders

MaharashtraBMC Elections 2025: Devendra Fadnavis Says Clarity on Seat-Sharing Will Emerge in Two Days

NationalBJP Candidate Satish Kumar Leading Over Tejashwi Yadav in Raghopur Assembly Constituency