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ONE Establishes New Headquarters in Dubai
Ocean Network Express (ONE) has opened a West Asia Regional Headquarters in Dubai. The move aims to expand ONE's growth in the rapidly developing markets of the Indian Subcontinent, Middle East and East Africa.The West Asia Regional Headquarters office will serve as ONE’s central hub across the region, encompassing functions such as commercial activities, customer service, and digitization. It will…
US-British Forces Strike Houthi Targets in Yemen
Yemen's port city of Hodeidah and other western coastal areas were hit on Monday by a dozen airstrikes attributed to a U.S.-British coalition defending ships in the Red Sea, according to Al Masirah, the main Houthi-run television news outlet.The strikes follow the first civilian fatalities and vessel loss since the Iran-aligned Houthis began attacking commercial shipping in November. They also coincide with the first day of the Islamic holy month of Ramadan…
Esgian Week 10 Report: Additional Backlog Secured
Esgian reports that offshore drilling contractors secured additional backlog in the U.S. Gulf of Mexico, Egypt, Nigeria, and Brazil and operators confirmed new discoveries in Indonesia, Côte d’Ivoire, and China in its Week 10 Rig Analytics Market Roundup.ContractsDiamond Offshore has executed a two-year contract extension with a subsidiary of bp in the U.S. Gulf of Mexico for the 12,000-ft drillship…
Who Are Yemen's Houthis and Why Are They Attacking Ships in the Red Sea?
Yemen's Houthis have been attacking ships in the Red Sea since November, in what they say is a campaign of solidarity with Palestinians during the Israel-Hamas war in Gaza, prompting retaliatory U.S. and U.K. strikes against the Iran-aligned group.In the first fatalities reported since the Houthis began their attacks on shipping in one of the world's busiest trade lanes, a Houthi missile on Wednesday killed three seafarers on the Greek-owned…
Ship Evacuated After First Civilian Fatalities in Houthis' Red Sea Attacks
India's navy evacuated all 20 crew from a stricken vessel in the Red Sea on Thursday, after a Houthi attack killed three seafarers in the first civilian fatalities from the Yemeni group's campaign against the key shipping route.The Iran-aligned militants fired a missile at the Barbados-flagged, Greek-operated True Confidence on Wednesday about 50 nautical miles off the southern Yemeni port of Aden…
US Container Shippers Slow Walk New Contracts, Eye Easing of Red Sea Rate Hikes
U.S. importers are playing the waiting game with new container shipping contracts, gambling the rate spike from Red Sea vessel attacks will fade and put them in a stronger negotiating position, shipping industry analysts said.Iran-aligned Houthi missile and drone attacks on commercial ships in the Red Sea have forced most container carriers to reroute vessels around Africa and sent spot rates soaring.That price shock is a "gift" that carriers will be giving back when the assaults stop…
Three Killed in Houthi Attack On Greek-owned Ship
A Houthi missile attack killed three seafarers on a Red Sea merchant ship on Wednesday, U.S. Central Command (CENTCOM) said, the first fatalities reported since the Iran-aligned Yemeni group began strikes against shipping in one of the world's busiest trade lanes.The Houthis claimed responsibility for the attack, which set the Greek-owned, Barbados-flagged ship True Confidence ablaze around 50 nautical…
Two Dead in First Fatal Houthi Attack on Red Sea Shipping
Two seafarers were killed in a Houthi missile attack on a Red Sea merchant ship on Wednesday, British and U.S. officials said, the first fatalities reported since the Iran-aligned Yemeni group began strikes against shipping in one of the world's busiest sea lanes.The Houthis claimed responsibility for the attack, which set the Greek-owned, Barbados-flagged ship True Confidence ablaze around 50 nautical…
Bulk Carrier Hit by Missile Off Yemen, Sailors Missing or Wounded
The Greek-owned cargo ship True Confidence was hit by a missile about 50 nautical miles southwest of the Yemeni port of Aden on Wednesday in an attack presumed to come from Houthi forces, the ship's owner and operator said.The bulk carrier was drifting with a fire continuing onboard, their statement said, adding that no information was available on the status of 20 crew members and three armed guards…
Italy Impounds Charity Ship Involved in Dispute with Libya
A German charity vessel was on Tuesday impounded by Italian authorities after it ran into a dispute with the Libyan coast guard over the rescue of as many as 100 migrants in international waters.Italy often temporarily blocks the operations of charity-operated rescue vessels on the basis of a migration decree introduced last year by Prime Minister Giorgia Meloni's rightist government.The Humanity 1…
Yemen's Houthis Hit Container Vessel in Gulf of Aden with Missile
One of two anti-ship ballistic missiles fired by Yemen's Houthis at the container vessel M/V MSC SKY II in the Gulf of Aden hit the ship and caused "damage", the U.S. Central Command (CENTCOM) said on Tuesday.Initial reports indicated no injuries and the Liberian-flagged, Swiss-owned container vessel did not request assistance and continued on its way, CENTCOM said in a statement.A military spokesperson…
Turkish Oil Terminal Halts Russian Oil Business
One of Turkey's mid-sized Mediterranean oil terminals - the Dortyol terminal - will no longer accept Russian imports after receiving record volumes last year, amid an increase in sanctions pressure by the United States.Turkey has become one of the biggest importers of Russian crude and fuel since 2022, after the West imposed sanctions on Moscow for the invasion of Ukraine. Russia responded by re-routing oil away from Europe and the U.S.
Risk Reigns in Ocean Shipping, Industry and Economic Experts Say
Risk is the "new normal" for the global ocean shipping industry that handles 80% of global trade as pressure from geopolitical tensions, rising protectionism and climate change mounts."There are going to be global tensions ... and I think global dangers, at a level we haven't seen since the end of World War II," former U.S. Defense Secretary Robert Gates said at the opening of S&P Global's TPM24 container shipping conference in Long Beach…
Ships Entering Yemeni Waters Must Obtain Permit, Houthi Minister Says
Ships will have to obtain a permit from Yemen's Houthi-controlled Maritime Affairs Authority before entering Yemeni waters, Houthi Telecommunications Minister Misfer Al-Numair said on Monday.Houthi militants have repeatedly launched drones and missiles against international commercial shipping in the Gulf of Aden since mid-November, saying they are acting in solidarity with Palestinians against Israel's…
Houthi Attacks Having Limited Impact on Israeli Trade, Prices - Ministry
Attacks by Yemen's Iran-backed Houthis on cargo ships in the Red Seas are having limited effect on trade to Israel and have not led to any significant inflationary pressures, Israel's Finance Ministry said in a report on Monday.Houthi militants have repeatedly launched drones and missiles against international commercial shipping in the Gulf of Aden since mid-November, saying they are acting in solidarity…
After Failed Voyage, 14,500 Australian Livestock Sail Again for Israel
Around 14,500 livestock sailed from Australia to Israel on Sunday for the second time, two months after their first voyage was curtailed by the threat of attack by Houthi militants in the Red Sea.The animals left Fremantle port in Perth on Jan. 5 but halfway to the Middle East, their ship abandoned its route and was ordered home by the Australian government.The turn-back was part of the havoc wrought…
Houthis Say They Will Continue Sinking British Ships
Yemen's Iran-backed Houthis vowed on Sunday to continue targeting British ships in the Gulf of Aden following the sinking of UK-owned vessel Rubymar.The U.S. military confirmed on Saturday that the UK-owned vessel Rubymar had sunk after being struck by an anti-ship ballistic missile fired by Yemeni Houthi militants on Feb. 18."Yemen will continue to sink more British ships, and any repercussions or other damages will be added to Britain's bill…
Malaysia Says MH370 Search Must Go On
Malaysia is pushing for a renewed search for Malaysia Airlines Flight MH370, the transport minister said on Sunday, as the 10th anniversary of its disappearance in one of the world's greatest aviation mysteries approaches.Flight MH370, a Boeing 777 carrying 227 passengers and 12 crew, vanished en route from Kuala Lumpur to Beijing on March 8, 2014.Malaysian investigators initially did not rule out the possibility that the aircraft had been deliberately taken off course…
Bulk Carrier Rubymar Sinks After Being Struck by Houthis it the Red Sea
The UK-owned Rubymar, attacked by Houthi militants last month, has sunk in the Red Sea, Yemen's internationally recognized government said on Saturday, warning of an "environmental catastrophe" from the ship's cargo of fertilizer.The vessel is the first lost since the Houthis began targeting commercial shipping in November, forcing shipping firms to divert vessels on to the longer, more expensive route around southern Africa.The Iranian-backed Houthis…
Animal Welfare Groups Decry Bahijah Re-Export Decision
The Australian Alliance for Animals and the RSPCA have expressed dismay over the decision by Australia’s Department of Agriculture to allow the re-export of more than 15,000 sheep on board the Bahijah to the Middle East.Originally, 16,000 Australian sheep and cattle were onboard the Bahijah for over a month after the vessel departed from Australia and then turned back from the Middle East due to maritime security concerns in the Red Sea.
Maritime Piracy
Houthi Rockets Wreak Havoc on Middle East Container Shipping
Narco-Submarines: The Hidden Depths of Drug Trafficking
Drug Smuggling on Ships and Submarines: An Escalating Threat
Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.
Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East
Maritime Piracy in the Horn of Africa:
Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea
Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck
