![]() India Aceng Sambas, Universitas Muhammadiyah Tasikmalaya, Indonesia 143 Chapter. » Click here for Germany Time to Local Time Conversion. Egypt Hakim Denoun, Electrical Engineering Advanced Technology Laboratory. This risk premium paid by shipping companies was just 0.07% of the value of a ship at the start of December, but has risen to about 0.5% to 0.7% in recent days.ĭespite the formation of the US-led OPG, it is not clear when commercial shipping groups will feel confident enough to allow their vessels to pass through the Bab el-Mandeb strait again.» Click here for IST to Local Time Conversion. If you want to reach out to someone in IST and you are available anytime, you can. In IST, this will be a usual working time of between 12:30 pm and 6:00 pm. Insurance risk premiums for sailing through high-risk areas are also rising. If you are in Alexandria, the most convenient time to accommodate all parties is between 9:00 am and 2:30 pm for a conference call or meeting. ![]() On Monday, BP halted all shipments of oil and gas through the Red Sea. Some ships are being diverted around the Cape of Good Hope, on the southern tip of Africa, increasing their journey time by up to two weeks. According tothe Atlantic Council, a thinktank, seven out of the 10 biggest shipping companies by market share have suspended operations in the Red Sea. Prominent shipping companies including Maersk, Hapag-Lloyd, and MSC have decided not to use the Red Sea over the past week. The two have fought a bloody war since 2015, in which Riyadh has repeatedly been accused of killing civilians with indiscriminate airstrikes. Escalation could also imperil peace talks between the rebel group and the Saudis. Some analysts believe the Houthis hope to embroil the US in a direct confrontation. The direct military threat is limited, but there are concerns the situation could escalate if a successful Houthi strike results in fatalities. Mohammed al-Bukhaiti, a member of the Houthi leadership, has told Al Jazeera that his group will confront any coalition formed by the US. The coalition, called Operation Prosperity Guardian (OPG), includes the UK, Bahrain, Canada, France, Italy, the Netherlands, Norway, Seychelles and Spain, but the leading regional Arab powers – Egypt and Saudi Arabia – are absent. Offset UTC +2:00 hours 2:00 am 02:00 India Standard Time (IST). Offset UTC +1:00 hour 10:30 pm 22:30 EET (Eastern European Time) (Cairo, Egypt). ![]() 9:30 pm 21:30 Mitteleuropäische Zeit (MEZ). On Monday, the US announced it had assembled a coalition of countries who had agreed to carry out patrols in the southern Red Sea to try to safeguard vessels against attacks. MEZ to IST call time Best time for a conference call or a meeting is between 8am-1:30pm in MEZ which corresponds to 12:30pm-6pm in IST. How have the US and other western nations responded?Īs the situation escalated over the past month, the US has repelled attempts to board other cargo ships, while US, French and British warships have shot down Houthi drones and missiles. From mid-November, however, the group switched tactics to focus on attacking commercial shipping, starting with the seizure of the Galaxy Leader, which was captured in a dramatic video filmed from body-worn cameras.ĭespite the Houthis initially saying that only ships travelling to Israel would be targeted, the threat to trade has grown as vessels flagged to other countries with no connection to Israel have been attacked. ![]() » Click here for IST to Local Time Conversion. India Time (IST): Germany Time: India Time Offset: UTC/GMT +5.5. Initially the Houthis launched long-range ballistic missiles at Israel, but these were ineffective and some were intercepted by the US and the Saudis. Show Germany Time to India Time Conversion Chart Instead. While other Muslim countries and groups have chosen not to try to help Hamas in Gaza, the Houthis declared war on Israel at the end of October. They are aligned with and supplied by Iran, but are politically independent. The Houthis are a Yemeni rebel group who control the west of the country, including its Red Sea coast. Who are the Houthis and why are they attacking now? Billions of dollars of traded goods and supplies pass through the Red Sea every year, meaning that delays there can affect petrol prices, the availability of electronics and other aspects of global trade. Click on the dropdown to select INR in the first dropdown as the currency that you want to convert and EGP in the second drop down as the currency you want to convert to. Simply type in the box how much you want to convert. About 12% of global trade passes through the Red Sea, including 30% of global container traffic. How to convert Indian rupees to Egyptian pounds. ![]()
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