Cargo Ship Destroyed in New Attack Off Yemen
A cargo ship has been declared a constructive total loss after being struck by multiple unknown projectiles off Yemen, marking another attack in an
A cargo ship has been declared a constructive total loss after being struck by multiple unknown projectiles off Yemen, marking another attack in an
Maersk and Hapag-Lloyd are expanding their renewed use of the Red Sea and Suez Canal, adding a call at Saudi Arabia’s Jeddah to their AE15 Asia-Mediterranean
Saudi Arabia on Thursday unveiled plans for a multinational maritime defense coalition aimed at protecting international shipping and energy supply routes in
The flow of Middle East energy trade is evolving yet again after attacks on two tankers in the Red Sea by Iran-backed Houthi militants. In a recent maritime
The European Union’s naval mission in the Red Sea has raised its threat assessment for the North Red Sea after Yemen’s Houthi movement expanded its
Iran has warned that its campaign to throttle global energy markets could be expanded from the Strait of Hormuz to the vital Red Sea route if U.S. attacks
By Samia Nakhoul BEIRUT, July 14 (Reuters) – Having choked off shipping through the Strait of Hormuz, Iran is now signaling it could play its most
The long-term safety record for bulk carriers continues to improve, but the industry faces an increasingly complex risk environment that extends beyond
By Paul Burkhardt Jul 5, 2026 (Bloomberg) –A cargo vessel in the Red Sea reported that it came under attack from armed assailants on Sunday, the
A.P. Moller-Maersk has sharply upgraded its financial guidance for 2026, citing stronger-than-expected demand in the global container shipping market and a
The global shipping industry is entering a new era defined by geopolitical tension, fragile supply chains and heightened uncertainty, according to Allianz
Global container spot rates posted their sharpest weekly gain in months as carriers pushed through emergency surcharges and capacity cuts amid rising
European naval forces have confirmed the hijacking of an oil tanker off Yemen after armed individuals reportedly boarded the vessel near Qana Port before
The Western allies trying to negotiate a way to protect the Strait of Hormuz for energy shipping face a stark reality: a similar effort in the Red Sea that
The United States is warning commercial shipping that the threat from Yemen’s Houthi militants remains active across the Red Sea and Gulf of Aden—despite a
Hapag-Lloyd delivered solid operational performance in 2025, but a sharp drop in freight rates and rising disruption costs pushed earnings significantly lower
Ultra-large containership to undergo inspection after dozens of boxes lost and damaged in heavy weather.
The HMS Dragon departed the Royal Navy’s base in Portsmouth, England on Tuesday bound for the Eastern Mediterranean as the United Kingdom bolsters its
The brief reprieve in Red Sea shipping attacks ended this weekend as Yemen's Houthi movement signaled an imminent return to targeting commercial vessels,
The maritime security environment in the Middle East deteriorated sharply on Saturday following confirmed United States and Israeli strikes on Iran, with
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