easures for reducing maritime insurances discussed

Industry Minister, U.S. Ambassador Discuss Economic Cooperation and Investment Opportunities

Minister of Industry and Trade Mohammed Al-Ashwal held talks on Tuesday with U.S. Ambassador to Yemen Steven Fagin on expanding economic cooperation, promoting investment partnerships, and supporting institutional modernization efforts.

Death Toll from Israeli Offensive in Gaza Rises to 72,757, with 172,645 Injured

Medical sources in Gaza Strip said the death toll from the Israeli military offensive on the territory has risen to 72,757, while the number of wounded has reached 172,645 since the outbreak of the war on October 7, 2023.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/19 Time 10:06:01
Latest News:

Yemen Takes Part in Global Partnerships Conference in London

Vice Foreign Minister Holds Talks in Madrid on Yemen-Spain Relations and Peace Efforts

Presidential Leadership Council Commends Government's Decisions, Considers them Starting Point to Build ..

PLC Member Salem al-Khanbashi Reviews Public Health Laboratories and Reaffirms Support for Social Cohesion ..

Saudi Development Program Showcases Yemen Reconstruction Experience at Global Urban Forum

easures for reducing maritime insurances discussed

[29/08/2022 06:00]

ADEN - SABA
Minister of Transportation Abdulsalam Humaid discussed Monday with Deputy Resident Representative of UNDP in Yemen Nahed Hussein and Director of the Program in Aden Kinodi Naghdooth implemented procedures for establishing a fund for ensuring reduction of maritime insurance installments on ships coming to Yemeni ports over the war.

The meeting discussed also efforts exerted by the program in cooperation with alliance of insurances companies, which previously agreed on these preparations from humanitarian perspective which requires making commercial deal to reduce insurance installments and regaining them into their order before the war erupted in 2015.

The meeting also discussed means of using Japanese donation for supporting Aden Port, which is estimated at USD 3.5 million, in addition to reviewing other transport projects will be provided by UNDP.

Minister Humaid praised the program for its assistances provided to marine transportation sector, which included installing controlling station system for controlling ships in Aden and two winches to Mukalla Port.

He demanded representatives of the program to activate the allocated support of promoting capabilities of Aden and Mukalla ports, which is estimated at USD 50 million, in the light of evaluating port needs by experts from Dutch Ports.