In Ukraine’s Bombarded Ports, Ship Buyers Scout for Deals March 15, 2024 By Jonathan Saul and Carolyn Cohn Since Russia invaded Ukraine two years ago, nearly 50 merchant ships have been languishing in its waters, stuck in ports...
Nord Stream Sues Insurers in London Over 2022 Pipeline Blasts March 12, 2024 Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured...
Yemen’s Rebels Target Singapore-Flagged Ship in Gulf of Aden March 11, 2024 By Jon Gambrell An attack by Yemen’s Houthi rebels set off explosions ahead of a Singapore-flagged vessel in the Gulf of Aden, authorities...
Deadly Ship Attack Means Red Sea Voyages Need Re-Thinking, Union Says March 8, 2024 By Alex Longley A major transport union urged a full halt of merchant ships sailing through the Red Sea, adding to calls for...
Houthi Red Sea Attack Kills 3 Seafarers in 1st Civilian Fatalities March 7, 2024 By Jonathan Saul India’s navy evacuated all 20 crew from a stricken vessel in the Red Sea on Thursday, after a Houthi attack...
Houthi-Sunk Ship Seen as Likely Cause of Severed Red Sea Cables March 7, 2024 By Olivia Solon and Mohammed Hatem The anchor of a cargo ship sunk by Houthi militants was probably responsible for damaging three telecommunications cables in the...
Houthi Missile Damages MSC Container Ship in Gulf of Aden March 5, 2024 By Alex Longley and Mohammed Hatem Houthi militants attacked and damaged a Swiss-owned container vessel on Monday in the Gulf of Aden, as the Iran-backed group...
War Insurers Shrug Off Rubymar Sinking in Red Sea, Rates Stable March 4, 2024 By Jonathan Saul The cost of war risk insurance through the Red Sea remained stable on Monday despite the sinking of the Rubymar...
Ship Sunk by Houthis Threatens Red Sea Environment, Yemen Gov’t, US Military Say March 4, 2024 By Mohammad Ghobari A UK-owned ship attacked by Houthi militants last month sank in the Red Sea, the U.S. military confirmed on Saturday,...
Companies in Ukraine See Problems Pile Up; Insurance Issues Make Matters Worse February 29, 2024 By Marc Jones and Olena Harmash German supermarket chain Metro and its 3,400 employees in Ukraine have worked hard to get their business back to where...