Red Sea Crisis

By Alex Longley and Viktoria Dendrinou Jun 22, 2025, 5:10 AM (Bloomberg) –The shipping industry was placed on high alert on Sunday with warnings

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced major enforcement actions targeting Iran’s defense

Maritime security firm Ambrey reports that Israel-affiliated vessels face high risks in the Red Sea region as tensions escalate between Israel and Iran, with

Red Sea marine traffic has increased by 60% to 36-37 ships a day since August 2024, but is still short of volumes seen before Yemen's Houthis began

The container shipping industry recorded a net profit of $9.9 billion in the first quarter of 2025, marking a significant decrease from previous quarters while

Yemen's Iran-aligned Houthis announced on Monday what they called a "maritime blockade" on Israel's Haifa port in response to Israel's ongoing conflict in

Israeli container shipping company ZIM (NYSE: ZIM) reported strong first-quarter results today, with net income more than tripling to $296 million compared to

Days before a surprise U.S. ceasefire agreement with Houthis, U.S. intelligence started picking up indications the Yemeni fighters were looking for an exit

Danish logistics conglomerate A.P. Moller-Maersk (Maersk) reported a significant improvement in its first-quarter 2025 performance, with revenue growing 7.8%

A recent ceasefire agreement between the U.S. and Yemen’s Houthi militia has raised questions about the potential impact on global shipping rates, with

A ceasefire deal between Yemen's Houthis and the U.S. does not include sparing Israel, the group said on Wednesday, suggesting its shipping attacks that have

Seafarers at Yemen’s Ras Isa Port face escalating safety concerns amid reports of vessels being forcibly detained and armed confrontations, according to

A second F/A-18 Super Hornet fighter jet from the USS Harry S. Truman aircraft carrier has been lost in the Red Sea, following an arrestment failure during

President Donald Trump announced on Tuesday the U.S. will stop bombing the Houthis in Yemen, saying that the Iran-aligned group had agreed to stop interrupting

President Donald Trump announced Tuesday that the United States will cease military operations against Houthi forces in Yemen, claiming the Iran-aligned group

Multiple commercial vessels anchored at Yemen’s Ras Isa port are being forcibly detained by Houthi forces despite having proper UN clearance, according

U.S. Defense Secretary Pete Hegseth warned Iran on Wednesday that it will face consequences for supporting the Houthis, even as the United States has

The U.S. military campaign against Yemen’s Houthi forces has intensified since President Trump took office in January 2025, marking a significant

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against three vessels and their owners for delivering

ADEN/WASHINGTON, April 17 (Reuters) – U.S. strikes on Yemen’s Ras Isa fuel terminal on the Red Sea coast have killed at least 74 people in the