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red sea shipping

Thursday, July 18, 2024

Suez Canal Revenue Drops as Some Shippers Shun Red Sea

July 18 (Reuters) – The Suez Canal’s annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to

23 hours ago
Total Views: 538

Thursday, May 16, 2024
A red LNG carrier in the Suez Canal. Photo: Shutterstock/Alvaro Ardisana

Red Sea Disruption Is Splitting Global LNG Trade in Regions

(Bloomberg) — It’s been four months since a liquefied natural gas tanker has passed through the narrow strait at the southern end of the Red Sea

May 16, 2024
Total Views: 330

Monday, May 6, 2024
FILE PHOTO: Containers are seen on the Maersk's Triple-E giant container ship Majestic Maersk, one of the world's largest container ships, next to cranes at the APM Terminals in the port of Algeciras, Spain January 20, 2023. REUTERS/Jon Nazca/File Photo

Maersk Says Red Sea Disruption Could Cut Asia-Europe Capacity by 20%

COPENHAGEN, May 6 (Reuters) – Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the

May 6, 2024
Total Views: 1660

Thursday, April 18, 2024
Smoke rises from Marlin Luanda, merchant vessel, at the location given as Gulf of Aden.

Iranian Ship Linked to Houthi Attacks Heads Home Amid Tensions

(Bloomberg) — An Iranian ship that’s been linked to Houthi attacks in the Red Sea is returning home, removing a prominent asset in the area as the

April 18, 2024
Total Views: 1587

Tuesday, April 16, 2024
Indian Navy's guided missile destroyer INS Visakhapatnam responds as smoke rises from Marlin Luanda, at the location given as Gulf of Aden. Handout via REUTERS

Broker Howden Launches Red Sea Cargo War Insurance as Ship Risks Surge

LONDON, April 16 (Reuters) – Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone

April 16, 2024
Total Views: 932

Thursday, March 7, 2024
A satellite image shows the cargo ship Rubymar before it sank, on the Red Sea. Maxar Technologies/Handout via REUTERS

Deadly Ship Attack Means Shipowners Should Re-Think Red Sea Voyages

By Alex Longley (Bloomberg) – A major transport union urged a full halt of merchant ships sailing through the Red Sea, adding to calls for vessels to

March 7, 2024
Total Views: 1352

Wednesday, March 6, 2024
Photo of the MV True Confidence after it was struck by a Houthi anti-ship ballistic missile in the western Gulf of Aden, March 6, 2024. Photo courtesy U.S. Central Command.

Three Dead After Houthi Missile Attack on Bulk Carrier

The U.S. Central Command has confirmed three fatalities on board the Barbados-flagged bulk carrier True Confidence after the ship was struck by an anti-ship

March 6, 2024
Total Views: 12724

Saturday, February 24, 2024
Somalia's President Hassan Sheikh Mohamud speaks during an interview with Reuters, in his office in Mogadishu. REUTERS/Feisal Omar

Somalia Will Defend Itself If Ethiopia Seals ‘Illegal’ Port Deal, President Says

By Giulia Paravicini MOGADISHU (Reuters) – Somali President Hassan Sheikh Mohamud said his country would “defend itself” if Ethiopia goes

February 24, 2024
Total Views: 2428

Friday, February 16, 2024
2022 photo of The German Navy Sachsen-class air-defense frigate FGS Sachsen

German Government Approves Military Participation in EU Red Sea Mission

BERLIN, Feb 16 (Reuters) – The German government has approved the deployment of armed forces in a European Union naval mission in the Red Sea to

February 16, 2024
Total Views: 3215

Wednesday, February 14, 2024
Bulk carrier Star Harmony file photo

Star Bulk to Avoid Red Sea After Attacks on its Ships

LONDON, Feb 14 (Reuters) – Greece-headquartered Star Bulk will halt sailings through the Red Sea after Yemen’s Iran-aligned Houthis

February 14, 2024
Total Views: 769

Sunday, February 11, 2024
A missile is launched from a U.S. Navy warship against what they describe as Houthi military targets in Yemen.Handout via REUTERS.

US Strikes Unmanned Vessels And Cruise Missiles Near Yemen

DUBAI, Feb 11 (Reuters) – U.S. Central Command (CENTCOM) said on Sunday its forces on Feb. 10 had carried out strikes on two unmanned surface

February 11, 2024
Total Views: 26650

Wednesday, February 7, 2024
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy

US, UK Ship Investors Hit by Soaring Red Sea Insurance

LONDON, Feb 7 (Reuters) – War underwriters have raised the premiums they charge to U.S., British and Israeli firms by as high as 50% for ships

February 7, 2024
Total Views: 670

Tuesday, February 6, 2024
A fighter jet is launched from the U.S. Navy aircraft carrier USS Dwight D. Eisenhower against what they describe as Houthi military targets in Yemen. Handout via REUTERS.

Houthis Say They Fired at Two Ships in Red Sea, Damaging Both

Feb 6 (Reuters) – Yemen’s Iran-aligned Houthis said on Tuesday they had fired missiles at two vessels in the Red Sea, causing

February 6, 2024
Total Views: 2526

Saturday, February 3, 2024
Oil tanker on fire in the Red Sea after Houthi missile attack

Russian Oil Sails Red Sea Despite Tanker Fire

By Natalie Grover (Reuters) – Tankers carrying Russian oil have continued sailing through the Red Sea largely uninterrupted by Houthi attacks

February 3, 2024
Total Views: 38354

Friday, February 2, 2024
A French Navy warship escorts a CMA CGM containership in the Red Sea. Photo courtesy French Forces

CMA CGM Suspends Red Sea Transits, Sources Say

PARIS, Feb 2 (Reuters) – Shipping group CMA CGM on Friday suspended until further notice all crossings by its vessels of the Bab al-Mandab

February 2, 2024
Total Views: 3845

Livestock carrier Al Kuwait at Freemantle Port

Australian Livestock Stuck in Limbo on Ship as Second Vessel Heads to Red Sea

CANBERRA, Feb 2 (Reuters) – A ship carrying 16,000 sheep and cows that turned back from the Red Sea due to the risk of attack off Yemen was

February 2, 2024
Total Views: 9679

Thursday, February 1, 2024
Aerial view of tanker ship at sea. Stock Photo: Shutterstock/bob63

Red Sea Shipping Impacts to Be Felt This Summer, Says Breakwave Advisors’ Kartsonas

Supply chain’s departure from “just-in-time” logistics since the COVID-19 is helping to limit short-term impacts from Red Sea shipping

February 1, 2024
Total Views: 2161

A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy

Saudis Boost North Red Sea Oil Exports to Avoid Red Sea Chaos

By Julian Lee and Alex Longley (Bloomberg) — Saudi Arabia significantly increased oil exports from its Muajjiz terminal last month, allowing them to

February 1, 2024
Total Views: 2498

Friday, January 26, 2024
A tanker transits the Suez Canal. Shutterstock/Anatoly Menzhiliy

Saudi Keeps Sending Oil Through Houthi-Menaced Red Sea

(Bloomberg) — Saudi Aramco, the world’s largest oil company, is continuing to send tanker loads of crude and fuels through the southern Red Sea, where

January 26, 2024
Total Views: 5274

Saturday, January 20, 2024
An aircraft takes off to join the U.S.-led coalition to conduct air strikes against military targets in Yemen, aimed at the Iran-backed Houthi militia that has been targeting international shipping in the Red Sea, from an undisclosed location, in this handout picture released on January 12, 2024. US Central Command via X/Handout via REUTERS

US Strikes Another Houthi Anti-Ship Missile

By Kanishka Singh and Enas Alashray WASHINGTON/CAIRO, Jan 20 (Reuters) – U.S. Central Command forces on Saturday struck a Houthi anti-ship

January 20, 2024
Total Views: 2444


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