Red Sea Crisis

Israel has struck the merchant ship Galaxy Leader at the port of Ras Isa, Yemen, as part of military operations targeting Houthi infrastructure at three Yemeni

India says it has secured the release of more than 150 seafarers who were stranded at Yemen’s Ras Isa Port, according to the Directorate General of

Two crew were injured and two others missing on a Liberia-flagged bulk carrier that was attacked with skiffs and drones 49 nautical miles southwest of Yemen's

Yemen’s Houthi militants who earlier claimed responsibility for an attack on the M/V Magic Seas, now say they sank the Greek bulk carrier. The sinking has

By Renee Maltezou and Yannis Souliotis ATHENS, July 7 (Reuters) – The 19-member crew of a Greek bulk carrier severely damaged in the Red Sea by

July 7 (Reuters) – Israel has attacked Houthi targets in three Yemeni ports and a power plant, the Israeli military said early on Monday, marking

CAIRO, July 6 (Reuters) – The crew of a ship set on fire in an attack in the Red Sea on Sunday abandoned the vessel and were rescued as it took on

The UK Maritime Trade Operations (UKMTO) center is reporting a maritime security incident in the Red Sea off Yemen, where a vessel came under attack

Maritime security firms have issued urgent advisories following U.S. military strikes on Iranian nuclear facilities, warning of heightened risks to commercial

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