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Another Ship Hit in the Red Sea
Disruptions to Red Sea shipping caused by Houthi attacks will push up prices of consumer goods, an executive from port and freight operator DP World said on Tuesday as a missile struck another vessel in the region.The Iran-allied Houthi militia has threatened to expand its attacks to include U.S. ships in response to American and British strikes on its sites in Yemen.Attacks by the Houthis on ships…
Qatari LNG Tankers Resume Course Via Red Sea
Four tankers used for shipments of Qatari liquefied natural gas (LNG) have resumed course after pausing for several days amid maritime attacks by Yemen's Iran-aligned Houthis in the Red Sea, LSEG shiptracking data showed on Tuesday.The Houthi attacks, in what they call a bid to support Palestinians in the war with Israel, have disrupted trade on the main East-West route that makes up about 12% of global shipping traffic.On Monday…
Houthis Say They Will Target US Ships
Yemen's Houthi movement will expand its targets in the Red Sea region to include U.S. ships, an official from the Iran-allied group said on Monday, as it vowed to keep up attacks after U.S. and British strikes on its sites in Yemen.Attacks by the Houthis on ships in area since November have impacted companies and alarmed major powers in an escalation of Israel's more than three-month war with Hamas militants in Gaza.
Houthi Attacks Expose China's Commercial Stakes in Red Sea
China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and placed Beijing's commercial interests along the Suez Canal at risk.The Iran-backed Houthi militia from Yemen that seeks "Death to Israel" is challenging the ability of the world's biggest trading nation to defend billions in strategic investments in Egypt.Since President Abdel-Fattah el-Sisi came to power in 2014…
Tesla, Volvo Car Pause Output as Red Sea Shipping Crisis Deepens
Automakers Tesla and Geely-owned Volvo Car said they were suspending some production in Europe due to a shortage of components, the first clear sign that attacks on shipping in the Red Sea are hitting manufacturers in the region.The United States and Britain launched a series of strikes on Yemen on Thursday, aimed at the Iran-backed Houthi militia whose attacks on international shipping have disrupted…
Container Rates Soar on Concerns of Prolonged Red Sea Disruption
Container shipping rates for key global routes have soared this week, with U.S. and UK air strikes on Yemen stirring concerns of a prolonged disruption to global trade in Red Sea, one of the world's busiest routes, industry officials said on Friday.U.S. and British warplanes, ships and submarines launched dozens of strikes across Yemen overnight in retaliation against Iran-backed Houthi forces for attacks on Red Sea shipping…
As Missiles Soar, Freight Rates Soar, too
Missile strikes by the US and UK against Houthi militia in Yemen has brought heightened tensions across the region with disruption to ocean freight shipping set to deteriorate further.At approximately 2.30am (Sanaa/Red Sea time) today, Friday, the US and UK military carried out air strikes on targets in Yemen in response to Houthi militia attacks on merchant ships in the Red Sea, which have totalled 27 since November 19.“We want to see safe…
Maersk Hopeful Naval Presence Will Allow Red Sea Transits to Return
Maersk hopes international interventions and a larger naval presence in the Red Sea will eventually lead to maritime commerce to resume through the strait, it said on Friday, following U.S-British strikes overnight against Houthi military targets in Yemen."We hope that these interventions and a larger naval presence will eventually lead to a lowered threat environment allowing maritime commerce to transit through the Red Sea and once again return to using the Suez Canal as a gateway," Maersk sai
Karpowership Orders 48 Dual-Fuel Engines
MAN Energy Solutions and Karpowership have signed a contract for the delivery of 48 dual-fuel engines for Karpowership’s fleet of power plant ships (Powerships). The engine order consists of MAN 18V51/60DF dual-fuel engines with a mechanical output of 20.7MW each.The engines will be split between a number of Powerships. In addition to the engines, MAN Energy Solutions will also supply the control systems…
Egypt's PM, Maersk Officials Discuss Developments in Red Sea
Egypt's Prime Minister Mostafa Madbouly discussed developments in the Red Sea with officials from shipping group Maersk in a video conference and ways to enhance cooperation, a statement from the Egyptian cabinet said on Wednesday.Madbouly stressed the centrality of the security and safety of maritime navigation in the Red Sea to Egypt's national security in light of its close connection to the Suez Canal, which is used by roughly one-third of global container ship cargo, the statement added.Ira
Polish Seaborne LPG Import Growth Slowed to 7% in 2023
Growth in sea-borne imports of liquefied petroleum gas (LPG) to Poland slowed 7% last year to 1.084 million metric tons, from a jump of more than 70% in 2022, with sea terminals working almost at capacity, according to traders and LSEG data.Sea-borne imports account for some 35% of total LPG supplies to Poland, while deliveries by rail was more than 50%.Poland also remained the main destination for Russian LPG…
US, UK Forces Shoot Down Houthi Missiles, Drones Targeting Ships in Red Sea
U.S. and UK forces shot down 21 drones and missiles fired by Yemen-based Houthis on Tuesday into the Southern Red Sea towards international shipping lanes, the U.S. military's Central Command said.U.S. Central Command said there were no injuries or damage reported, adding that this was the 26th Houthi attack on commercial shipping lanes in the Red Sea since Nov. 19.Iranian-backed Houthi militants have…
Houthis Target Vessel in the Red Sea
Yemen's Houthi group Ansarullah targeted a vessel in the Red Sea, a Yemeni military source told Al Jazeera on Tuesday.Earlier on Tuesday, the United Kingdom Maritime Trade Operations (UKMTO) organization received a report of an incident in the Red Sea approximately 50 nautical miles west of Yemen's Hodeidah.Yemen's Iranian-backed Houthi militants have stepped up attacks on commercial vessels in the Red Sea in protest against Israel's war in Gaza.
Oil Tankers Continue Red Sea Movements Despite Houthi Attacks
Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have rerouted due to attacks by Iran-aligned Houthi militants, a Reuters analysis of vessel tracking data showed.The attacks have driven up shipping costs sharply along with insurance premiums, but have had less impact than feared on oil flows, with shippers continuing to use the key East-West passage.
Thordon Taps Bruntons as UK & Ireland Distributor
Canada-headquartered water-lubricated and grease-free seals and bearings company Thordon Bearings has appointed propeller manufacturer Bruntons Propellers as its new distributor for the U.K. and Ireland region.The propeller manufacturer will market, supply and service Thordon’s entire marine portfolio of propeller shaft bearings and seals. There is also provision for Bruntons to promote and service Thordon’s products in other market segments.Neil McDonald…
Baltic Dry Index Logs Biggest Fall in a Month
The Baltic Exchange's dry bulk sea freight index fell on Tuesday to a nearly seven-week low in its worst showing in more than a month, as rates across vessel segments hit multi-week lows.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 147 points, or 7.3%, to 1,875, hitting a fresh low since Nov. 23.The capesize index dropped by 350 points, or 9.7%, to 3,249, also logging its biggest daily fall since Dec.
India Providing Escort for Ships Around the Red Sea
India's defense ministry is providing protective escorts to Indian containerships in the high seas around the Red Sea as the security situation there continues to simmer, a government source said on Friday.Containers could face delays of 14 days in their turnaround time due to taking a longer sea route around Africa which is also causing higher transport and insurance costs, the source, who spoke on condition of anonymity…
War, Weather Put Ocean Shippers on Notice for Rough Seas in 2024
Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop - but it is hardly the only issue that big carriers are facing as 2024 kicks off.Giants like Maersk say the industry, which handles 90% of global trade, faces the possibility of significant disruptions, from ongoing wars to droughts affecting key routes like the Panama Canal. Complex vessel schedules are likely to be knocked out of sync for giant container ships…
Iran Guards Commander Challenges 'Enemy' Naval Presence in Region
The commander of Iran’s Revolutionary Guards vowed on Saturday to reach "the enemy" far and near as tensions soar on key shipping routes where Tehran’s allies have been attacking vessels."Today, we are facing an all-out battle with the enemy," said Guards commander Hossein Salami at a ceremony in the southern Gulf port city of Bandar Abbas, where the Guards' navy unveiled a new ship named "Abu Mahdi" and 100 missile launchers.Salami did not name the enemy…
Merchant Vessel Approached by Six Craft Near Yemen
Six small craft approached a merchant vessel about 50 nautical miles from the Yemeni city of Mocha on Saturday before leaving the area, the United Kingdom Maritime Trade Operations (UKMTO) organization said."The vessel and crew were reported safe," UKMTO added in an advisory note on the incident.Yemen's Iranian-backed Houthi militants have stepped up attacks on commercial vessels in the Red Sea in protest against Israel's war in Gaza.
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
