Red Sea Crisis Boils Over as Houthis Claim Sinking of M/V Magic Seas; Galaxy Leader Struck
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
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.
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
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
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