A major transport union urged a full halt of merchant ships sailing through the Red Sea, adding to calls for vessels to reconsider the voyages after a Houthi militant attack killed three sailors. “We call on the industry to divert …
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 …
The anchor of a cargo ship sunk by Houthi militants was probably responsible for damaging three telecommunications cables in the Red Sea in late February, according to assessments by the US and an industry group. “Those cables were cut, most …
The Barbados-flagged True Confidence bulk carrier was hit by a missile on Wednesday 50 nautical miles southwest of Yemen’s Aden, with a fire continuing onboard, the vessel’s owner and operator said. “The vessel is drifting,” Liberia registered owner True Confidence …
Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands flags in recent weeks after the United States ramped up sanctions enforcement on ships linked to those registries, according to shipping data and interviews …
Houthi militants attacked and damaged a Swiss-owned container vessel on Monday in the Gulf of Aden, as the Iran-backed group continues to roil shipping in the region. The MSC Sky II, managed by MSC Mediterranean Shipping Co., was about 91 …
The cost of war risk insurance through the Red Sea remained stable on Monday despite the sinking of the Rubymar cargo ship as underwriters had already factored in the casualty after it was first hit by a missile last month, …
A UK-owned ship attacked by Houthi militants last month sank in the Red Sea, the U.S. military confirmed on Saturday, as it echoed a warning from Yemen’s internationally recognized government that the vessel’s cargo of hazardous fertilizer posed a risk …
Insurance broker Marsh McLennan, the Ukrainian government and Lloyd’s have announced a major expansion of the Unity insurance facility – a public-private partnership originally launched in November 2023 to provide war risk insurance for grain shipments and other critical food …
Yemen’s Houthis said on Tuesday they could only reconsider their missile and drone attacks on international shipping in the Red Sea once Israel ends its “aggression” in the Gaza Strip. Asked if they would halt the attacks if a ceasefire …
