Red Sea Crisis

Key transhipment ports around the world are facing severe congestion in response to the Red Sea crisis, with Singapore being a prime example. The escalating

The IMO and industry leaders have voiced outrage and concern following the reported sinking of the M/V Tutor and the deaths of seafarers.

(Bloomberg) — The sinking of a coal-carrier by a sea drone has boosted the risk of navigating the vital Bab el-Mandeb chokepoint to a new level and is

ATHENS, June 19 (Reuters) – When a missile fired by Yemen’s Houthi Islamists landed near his ship in the Red Sea, Costas Rassias vowed to

The international shipping industry has voiced its outrage and concern following the reported sinking of the M/V Tutor. One crew member is feared lost after

The M/V Tutor appears to have sunk after it was struck in the stern last week by an unmanned surface vessel in the Red Sea. The sinking marks the

The manager of the seized car carrier Galaxy Leader is renewing its plea for the release of 25 crew members held hostage by Houthi militants on board the

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced new sanctions on two individuals, including a tanker master, and

The maritime industry faces an uncertain future due to the ongoing Red Sea crisis, with a majority of industry insiders predicting the issues will continue

CAIRO, June 16 (Reuters) – Yemen’s Houthis said on Sunday that they had attacked two civilian ships along with an American destroyer in the Red

CAIRO, June 16 (Reuters) – The United Kingdom Maritime Trade Operations (UKMTO) said on Sunday a vessel 40 nautical miles south of al Mukha in

CAIRO, June 16 (Reuters) – The U.S. Naval Forces Central Command (NAVCENT) said on Sunday that it had rescued the crew from the Liberian-flagged,

By Alex Longley Jun 15, 2024 (Bloomberg) –A ship that was abandoned after being hit by a drone in the Red Sea is slowly taking on water, with two

CAIRO, June 15 (Reuters) – The United Kingdom Maritime Trade Operations (UKMTO) said on Saturday the crew of a Palau-flagged cargo ship had

By Neil Jerome Morales and Jonathan Saul MANILA/LONDON, June 14 (Reuters) – The crew of a Greek-owned vessel damaged in an attack by Yemeni

Houthis escalate attacks on merchant shipping, striking two ships in as many days. The U.S. Central Command says a crew member of a bulk carrier was severely

A new report from the Defense Intelligence Agency (DIA) highlights the disruptive impact of Houthi attacks on international trade. The report, titled “Yemen:

By Tala Ramadan, Renee Maltezou and Lisa Baertlein DUBAI/ATHENS, June 12 (Reuters) – Iran-allied Houthi militants on Wednesday took

By Alex Longley (Bloomberg) — It’s “naive” to assume merchant vessels will start sailing through the Red Sea again if there’s an agreement to

Crude oil and oil product flows around the Cape of Good Hope increased by nearly 50% in the first five months of 2024 compared to last year’s average as