ONE Sinks to Operating Loss But Boosts Outlook on Rising Rates
By Mike Wackett (The Loadstar) – Japanese ocean carrier Ocean Network Express (ONE) reported an operating loss of $248m for the final three months of
Get the latest news and expert analysis on Houthi attacks on shipping in the Red Sea. Stay informed about maritime security threats impacting global shipping routes and both naval and geopolitical concers.
By Mike Wackett (The Loadstar) – Japanese ocean carrier Ocean Network Express (ONE) reported an operating loss of $248m for the final three months of
By Andrew Gray BRUSSELS, Jan 31 (Reuters) – EU member states want to launch a Red Sea naval mission by mid-February to protect ships from attacks by
Jan 30 (Reuters) – Carnival said on Tuesday that its annual earnings would take a hit as the cruise operator reroutes its ships that were due to pass
Houthi officials claim to have launched a missile attack targeting the U.S. Navy’s afloat expeditionary sea base, USS Lewis B. Puller (ESB 3). However,
By Captain John Konrad (gCaptain OpEd) Last week, two US-flagged ships manned by US Merchant Mariners were targeted by Houthis and forced to turn around. This
By Tony Czuczka Jan 28, 2024 (Bloomberg) –President Joe Biden’s energy security adviser said the impact of Houthi rebel attacks on commercial
LONDON, Jan 28 (Reuters) – A British warship, the HMS Diamond, repelled a drone attack on Saturday from Yemen’s Houthi group in the Red Sea,
DUBAI, Jan 27 (Reuters) – Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after
The fire on board the Marshall Islands-flagged tanker Marlin Luanda is out and all crew are safe. The situation on board was confirmed by the ship’s
Update: Fire Out on Marlin Luanda A British-owned tanker has suffered a fire after being hit by a Houthi missile in the Gulf of Aden on Friday. The UK
The United Nations Conference on Trade and Development (UNCTAD) has sounded the alarm over rising disruptions in global trade due to escalating geopolitical
By Parisa Hafezi and Andrew Hayley DUBAI, Jan 26 (Reuters) – Chinese officials have asked their Iranian counterparts to help rein in attacks on ships
By Marwa Rashad and Pietro Lombardi LONDON/MADRID, Jan 25 (Reuters) – Qatar, one of the world’s largest liquefied natural gas (LNG) exporters,
Rerouting tankers around the Cape of Good Hope due to Red Sea attacks can add nearly a million dollars per voyage while also doubling transit time, according
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the United Kingdom have imposed sanctions on four leading members of
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
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