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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Incident Overview
An Indian commercial vessel, MSV Faize Noore Oliya, sank in the Red Sea after being hit by a projectile near Yemen. The incident occurred on August 4, 2026. Fortunately, all 14 crew members, including 13 Indians, were safely rescued by the Yemeni Coast Guard and brought to the Port of Mokha.
## Official Response
India's Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, condemned the attack, describing it as unprovoked. He emphasized the importance of ensuring the safety of Indian seafarers and instructed the Director General of the Maritime Administration to collaborate with relevant agencies for their protection.
## Ministry of External Affairs Statement
The Ministry of External Affairs (MEA) confirmed the vessel's sinking and the successful rescue of the crew. The Indian embassy in Riyadh is coordinating with Yemeni authorities to ensure the crew's continued safety. The MEA expressed gratitude to Yemeni officials for their assistance.
## Call for Action
The MEA highlighted the ongoing threat to commercial shipping in the region, calling for an end to attacks on merchant vessels. They stressed the need for free and safe navigation in international waters, aligning with international law.
## Regional Context
This incident adds to the growing security concerns in the Red Sea, a crucial maritime route. Repeated attacks have disrupted trade and raised alarms about the safety of vessels in this busy shipping corridor.
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