Red Sea Crisis

Houthis set tanker with 1 million barrels of crude oil on fire, threatening environmental catastrophe in the Red Sea. CAIRO, Aug 23 (Reuters) – Three

By Jana Choukeir and Renee Maltezou DUBAI/ATHENS, Aug 22 (Reuters) – A Greek-flagged oil tanker carrying 150,000 tonnes of crude that

By Jana Choukeir and Renee Maltezou DUBAI, Aug 21 (Reuters) – A Greek-flagged tanker was adrift in the Red Sea on Wednesday after

Israeli container shipping company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced its consolidated results for the three and six months ended June

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued additional sanctions against multiple entities and individuals

CAIRO, Aug 13 (Reuters) – Two ships reported coming under attack in the Red Sea off the coast of Yemen on Tuesday, although neither reported

The U.S. Justice Department has returned a superseding indictment charging two Iranian citizens, along with Pakistani citizen, for conspiring to provide and

By Alastair Gale Aug 11, 2024 (Bloomberg) –As the USS Abraham Lincoln pulled out from Guam, the aircraft carrier’s captain announced to the crew

The United Kingdom Maritime Trade Operations office has reported a rare rocket-propelled grenade (RPG) attack on a commercial vessel in the Bab-el-Mandeb

COPENHAGEN, Aug 7 (Reuters) – Maersk expects global container shipping growth to slow from a strong start to the year, when customers soaked up

The Philippines’ Department of Migrant Workers (DMW) has reported ongoing efforts to secure the release of 17 Filipino crew members of the MV Galaxy Leader,

CAIRO, Aug 4 (Reuters) – Yemen’s Iran-aligned Houthi movement said on Sunday that it targeted MV Groton vessel in the Gulf of Aden and also

By Christian Wienberg (Bloomberg) — The global transport disruptions caused by the conflict in the Red Sea will last longer than expected and won’t be

Maersk has raised its financial guidance for the third time in as many months due to ongoing Houthi attacks on shipping in the Red Sea, which are forcing ships

By Ethan Bronner (Bloomberg) — Within seven hours overnight, Israel targeted top leaders of Hezbollah in Beirut and Hamas in Tehran in a show of its

By Captain John Konrad (gCaptain OpEd) Naval experts have called the battle in the Red Sea the most intense naval combat the US Navy has faced this century.

By Brendan Murray (Bloomberg) — Spot rates for shipping containers fell for the first time in almost three months amid signs demand is cooling after US

By Alex Longley, Eleanor Thornber and Áine Quinn (Bloomberg) — Yemen’s Houthi militants have attacked more merchant ships hauling Russian commodities

By Eleanor Thornber and Julian Lee (Bloomberg) –Russia’s first oil shipment of the year is traveling through the nation’s Northern Sea Route to

A new video circulating online shows an alleged attack on the M/V Pumba in the Red Sea using an Uncrewed Surface Vessel (USV) seemingly loaded with explosives.