US Treasury Targets Houthi Money Networks Behind Maritime Threats in the Red Sea
On Thursday the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced action against financial networks aiding the Houthi
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.
On Thursday the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced action against financial networks aiding the Houthi
by Elwely Elwelly (Reuters) – Iran’s Alborz warship has entered the Red Sea, the semi-official Tasnim news agency reported on
Dec 31 (Reuters) – Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinian
By Jacob Gronholt-Pedersen (Reuters) – Iranian-backed Houthi militants attacked a Maersk container vessel with missiles and small
by John Konrad (gCaptain) Today in the Red Sea, the crew of the Maersk Hangzhou took evasive action and opened fire on Houthi boats that were aggressively
A Maersk containership has been hit by a missile in the Red Sea, the U.S. has reported. Hours later, the same ship was swarmed by Houthi boats, but the
By Vince Golle (Bloomberg) Shipping costs are rising as hundreds of container ships that typically transit the key maritime artery of the Red Sea and Suez
The owner of the Galaxy Leader car carrier that was hijacked by the Houthis as it transited the Red Sea in November says it is encouraged by reports of
By Christian Wienberg (Bloomberg) The shipping industry in Denmark, home to some of the world’s largest firms, agreed to double wages for crew sailing
In an effort to combat Houthi attacks on civilian shipping in the Red Sea, Denmark has announced its plans to send a frigate to join the U.S.-led Operation
By Elke Ahlswede BERLIN, Dec 29 (Reuters) – Hapag-Lloyd will continue to divert its vessels around the Suez Canal for security reasons, a spokesperson
This year proved once again that the maritime industry is one of the most important and exciting industries on the planet. As 2023 comes to a close,
By Courtney McBride and Daniel Flatley (Bloomberg) The US military is trying to reassure shipping companies that a multinational force is making it safe to
LOS ANGELES, Dec 28 (Reuters) – Toymaker Basic Fun’s team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other
By Phil Stewart, David Latona, Angelo Amante and Jonathan Saul (Reuters) – U.S. President Joe Biden hoped to present a firm international response to
The U.S. Department of the Treasury has announced new sanctions against one individual and three entities for helping the flow of Iranian financial assistance
By Brendan Murray and Alex Longley (Bloomberg) Half of the containership fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now
By Salvatore R. Mercogliano, Ph.D. (Opinion) – Maersk Gibraltar is not a remarkable containership for 2023. She pales at 10,100 TEUs (twenty-foot
By Terje Solsvik OSLO, Dec 27 (Reuters) – Denmark’s Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the
by Ahmed Elimam (Reuters) Yemen’s Iran-backed Houthi militia claimed responsibility for a missile attack on Tuesday on a container ship in the Red
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