Red Sea Crisis

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

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is imposing sanctions on ten individuals, entities, and vessels involved in

By Lisa Baertlein LOS ANGELES, June 9 (Reuters) – Yemen’s Houthi damaged two commercial vessels in missile attacks in the Gulf of Aden in the

CAIRO, June 9 (Reuters) – Britain’s defense ministry said on Sunday a statement by Yemen’s Houthis that they had fired ballistic missiles

CAIRO, June 9 (Reuters) – Two ships caught on fire after being hit by projectiles off Yemen’s Aden, two UK maritime agencies reported on Sunday.

By Enas Alashray and Yomna Ehab CAIRO, June 7 (Reuters) – Yemen’s Houthis on Friday said they targeted two vessels in the Red

Bunker fuel sales in Singapore have reached record highs as ships take longer routes around the southern tip of Africa to avoid the Red Sea, the U.S. Energy