Red Sea Crisis

Maersk suspends US-flag operations in the Red Sea after a Houthi attack targeting a Maersk Line, Limited ship carrying U.S. government cargo. Danish shipping

Initial assessments of Monday’s joint military strikes by the U.S. and UK against Houthi-controlled areas of Yemen have shown they were successful in

By Phil Stewart and Idrees Ali WASHINGTON, Jan 22 (Reuters) – U.S. and British forces carried out a new round of strikes on Monday in Yemen, targeting

Shipping rates are expected to continue their upward trend in early February due to the ongoing crisis in the Red Sea, according Xeneta’s freight rate

The Houthi rebel group in Yemen has claimed a missile attack targeting the “American military cargo ship” M/V Ocean Jazz in the Gulf of Aden. The

By Mike Wackett (The Loadstar) – As long as they are able to obtain premium rates, ocean carriers could decide to increase the service speed of their

SHANGHAI/BEIJING, Jan 19 (Reuters) – For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his

By Dan Whitcomb Jan 21 (Reuters) – Two U.S. Navy SEALs who went missing in the Gulf of Aden earlier this month during a raid on an Iranian ship have

LONDON, Jan 21 (Reuters) – Britain’s Ministry of Defence said on Sunday it would spend 405 million pounds ($514 million) to upgrade a missile

By Alex Longley, Sherry Su and Bill Lehane Jan 20, 2024 (Bloomberg) –The oil market is bracing for a weeks-long disruption to shipping in the

By Kanishka Singh and Enas Alashray WASHINGTON/CAIRO, Jan 20 (Reuters) – U.S. Central Command forces on Saturday struck a Houthi anti-ship

DUBAI, Jan 20 (Reuters) – Commanders from Iran’s Islamic Revolutionary Guards Corps (IRGC) and Lebanon’s Hezbollah group are on the ground

New footage posted online allegedly shows the moment an Iranian ballistic missile fired by the Houthi group struck a Greek-owned bulk carrier earlier this week

Nine American maritime labor organizations, encompassing unions and trade associations, penned a letter to Gen. Jacqueline Van Ovost, Commander of the U.S.

Seafarers working on vessels connected to the United Kingdom and the United States sailing through the Red Sea are set to receive double pay due to increased

By Alex Longley (Bloomberg) — Houthi attacks on merchant shipping in and around the southern Red Sea are causing widespread disruption to global trade

With the ongoing Suez Canal diversions, container shipping costs are expected to rise as long as the risks to shipping remain. However, shipping industry

By Keira Wright and Áine Quinn (Bloomberg) — A ship carrying Australian cattle initially headed to the Middle East appears to have diverted toward

The U.S. Department of Defense has confirmed a fifth round of military strikes against Houthi-controlled targets in Yemen. Meanwhile, the rebel group carried

We’re getting our first look at damages caused by Houthi attacks on shipping. The Indian Navy released the below two image showing damage to the Marshall