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After Oil, Russia May Be Building a Shadow Fleet for Gas

In the months that followed its invasion of Ukraine and punitive Western restrictions imposed in response, Russia amassed a shadow fleet to ferry its oil around the world. Now there is growing evidence Moscow has begun to do the same …

Sanctions Damaging Safety at Sea, Says Sanctioned Ship Group Sovcomflot

Sanctions on shipping companies are undermining safety at sea and pose dangers for trade as ship standards are impacted, the chief executive of sanctioned Russian shipping group Sovcomflot said. The European Union imposed sanctions on Russia’s state-owned and top tanker …

Drone-Sinking of Coal Ship Boosts Red Sea Perils, Drives Surge in Insurance Costs

The sinking of a coal-carrier by a sea drone has boosted the risk of navigating the vital Bab el-Mandeb chokepoint to a new level and is driving a fresh surge in insurance costs. The British navy said Tuesday that the …

Shipping Industry Urges Red Sea Action as Houthis Sink Second Vessel

Urgent action must be taken in the Red Sea to stop attacks on merchant shipping by Yemen’s Houthis, leading industry groups said on Wednesday, after the sinking of a second ship. Iran-aligned Houthi militants first launched drone and missile strikes …

Ship Hit by Yemen’s Houthis in Red Sea Has Sunk, UK Navy Says

A vessel hit by a sea drone in the Red Sea last week has sunk, the UK Navy said, the second confirmed to go down since Yemen’s Houthi rebels began attacks on shipping in the region. The bulk commodity carrier …

Houthi-Stricken Cargo Carrier’s Crew Abandons Ship Due to Fire

Crew members of a bulk cargo carrier struck by Houthi missiles abandoned ship Saturday after they couldn’t get fires on board under control, the US military said. The Iranian-backed militants struck the Verbena, a Ukrainian-owned, Polish-operated ship, in two missile …

Ship on Fire Near Yemen After Second Attack in as Many Days

A small cargo ship was on fire after being hit by three projectiles while sailing in the Gulf of Aden, marking the second significant incident in two days and a fresh ramp up of attacks. The attack on the Verbena …

Commodity Ship Hit by Drone Near Yemen Is Taking on Water

A commodity carrier was taking on water after being hit by a drone near Yemen, the latest incident underscoring the dangers of sailing through the Red Sea region. The UK Navy said Wednesday that a ship was hit by a …

US Military Confirms Houthi Missile Strikes on Two Ships in Gulf of Aden

Yemen’s Houthi damaged two commercial vessels in missile attacks in the Gulf of Aden in the last 24 hours as part of the militia group’s ongoing campaign against international ocean shipping, U.S. Central Command (CENTCOM) said on Sunday. The Iran-backed …

Safety Dangers From Sanctioned Tanker Fleet Growing, Ship Manager Says

Safety dangers are growing from aging and unregulated vessels, leading ship management firm V.Group told Reuters, adding it had stopped providing services to 30 tankers last year after they were sold to companies that did not pass compliance checks. Up …