Red Sea Crisis

The Iranian-backed Houthis have hit another US-owned bulk carrier in the Gulf of Aden after the Biden Administration re-designated the group as a

(Bloomberg) — Cargo ships are broadcasting that they are not connected with Israel in an effort to avoid Houthi attacks in the Red Sea area. At least 21

The United States has announced the re-designation of the Yemen-based group Ansarallah, also known as the Houthis, as a Specially Designated Global Terrorist

By Idrees Ali and Dmitry Zhdannikov WASHINGTON/DAVOS, Jan 16 (Reuters) – The U.S. military carried out a new strike in Yemen on

By Alex Longley and Áine Quinn (Bloomberg) — Some ship insurers are starting to avoid covering US and UK merchant ships against war risks when they

The U.S. has confirmed new military strikes in Yemen ahead of another successful Houthi missile strike on a Greek-owned, Maltese-flagged bulk carrier and

By Barry Parker (gCaptain) – When it comes to shipping market predictions, analysts crunching supply and demand numbers can sometimes, but not always,

By Andrew Gray, John Irish and Sabine Siebold BRUSSELS/PARIS, Jan 16 (Reuters) – European Union member states have given initial backing to a naval

(Bloomberg) — Liquefied natural gas suppliers, including Qatar and Russia, are avoiding the Red Sea amid heightened risk of attacks by Houthis militants

(Bloomberg) — Tankers carrying Russian crude are continuing to sail through the Red Sea, despite becoming embroiled in the attacks on merchant shipping

The U.S. Navy has announced a significant seizure of Iranian weaponry destined for Houthi forces in Yemen, marking the first confiscation of such advanced

By Kitty Donaldson (Bloomberg) The UK wants a reduction of tensions in the Red Sea and that air strikes on Houthi positions in Yemen last week were

By Alex Longley (Bloomberg) The cost of war-risk insurance for vessels sailing through the Red Sea is spiraling, adding a further potential impediment to

(Bloomberg) As the US and UK launch airstrikes to stop Iran-backed Houthi rebels from attacking ships in the Red Sea, China again finds itself happily sitting

By Robert Harvey, Natalie Grover and Ahmad Ghaddar LONDON, Jan 15 (Reuters) – At least six more oil tankers were steering clear of the southern

A ship belonging to US-based Eagle Bulk Shipping (NYSE: EGLE) has been hit by a missile in the Gulf of Aden. The United Kingdom Maritime Trade Operations

By Andrew Mills and Maha El Dahan (Reuters) – Qatar’s state energy company has suspended liquefied natural gas (LNG) shipments via the

by Mahad Darar (TheConversation) The U.S.- and U.K.-led strikes on the rebel Houthi group in Yemen represent a dramatic new turn in the Middle East conflict

By Joe Cash (Reuters) China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and

DUESSELDORF, Germany, Jan 14 (Reuters) – Germany is expected to participate in a European Union naval mission to protect shipping in the Red Sea that