Red Sea Crisis

CAIRO, Oct 10 (Reuters) – A Liberia-flagged tanker was struck twice with missiles and drones in the Red Sea on Thursday morning, in an attack

With tensions in the Middle East ratcheting upward again, the tanker market is taking notice. In a weekly market opinion piece titled “Tankers in

Shipping giants Maersk and Hapag-Lloyd have announced their decision to utilize the Cape of Good Hope network for the launch of their “Gemini

By Tony Capaccio Oct 3, 2024 (Bloomberg) –The Pentagon will spend about $1.2 billion to maintain ships deployed as part of operations in the Red Sea

U.S. Central Command (CENTCOM) forces on Friday conducted strikes on 15 Houthi targets in Houthi-controlled areas of Yemen. The operation, taking place at

The Iranian-backed Houthis have released new video footage of an unmanned surface vessel (USV) attack on the Panama-flagged tanker M/T Cordelia Moon in the Red

ATHENS/LONDON, Oct 3 (Reuters) – On a warm spring night in Athens, shortly before midnight, a senior executive at a Greek shipping company

The Joint Maritime Information Center (JMIC) has released an update on the ongoing efforts to save the M/T Sounion, a Greek-flagged tanker carrying

(Bloomberg) — An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen, a sign Israeli airstrikes haven’t deterred

By Mohammed Hatem and Marissa Newman Sep 29, 2024 (Bloomberg) –Israeli fighter jets bombed a seaport and several power stations in Yemen, its

The Joint Industry Security Group (JISG) has issued an update to the Interim Industry Transit Advice for the Southern Red Sea and the Gulf of Aden, warning

By John Irish, Parisa Hafezi and Jonathan Landay UNITED NATIONS, Sept 24 (Reuters) – Iran has brokered ongoing secret talks between Russia and

(gCaptain) – One presenter at a recent seminar, produced jointly by law firm Reed Smith and class society DNV, Jakub Walenkiewicz, the Principal Market

The United Kingdom Maritime Trade Operations (UKMTO) reported a suspicious approach by an unmanned surface drone on a merchant vessel near Yemen’s coast

LONDON, Sept 19 (Reuters) – The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters

The Greek-registered oil tanker MT SOUNION has been successfully towed to a safe area in the Red Sea, marking a crucial step in a complex salvage operation.

The Greek-registered oil tanker MT SOUNION has been successfully towed to a safe area in the Red Sea, as part of a complex salvage operation under the

The SOUNION, a Greek-registered oil tanker damaged by Houthi militant attacks last month, is now under tow in the Red Sea as part of a complex salvage

ATHENS, Sept 12 (Reuters) – Experts will this week resume a risky operation to salvage the Sounion tanker which was attacked by Yemen’s Houthis

An MSC ship has lost dozens of containers overboard after encountering severe winter weather off the coast of South Africa, marking the third such incident in