LONDON, Sept 19 (Reuters) – The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters are pausing cover as the risk of attack…
https://gcaptain.com/the-rising-costs-of-insuring-ships-in-the-red-sea/
By Jonathan Saul and Mohammed Ghobari LONDON/ADEN, Aug 28 (Reuters) – The cost of insurance for ships sailing through the Red Sea has nearly doubled after Yemen’s Houthis attacked a tanker that appears to be leaking…
https://gcaptain.com/red-sea-insurance-nearly-doubles-after-sounion-attack/
(Bloomberg) — An abandoned oil tanker attacked in the Red Sea by Iran-backed Houthi rebels a week ago appears to be burning and leaking, raising the specter of an environmental disaster, a…
https://gcaptain.com/u-s-warns-leaking-tanker-poses-growing-red-sea-pollution-risk/
COPENHAGEN, Aug 7 (Reuters) – Maersk expects global container shipping growth to slow from a strong start to the year, when customers soaked up goods to prevent them from being held up by Red Sea…
https://gcaptain.com/maersk-sees-growth-slowing-after-red-sea-crisis-boost/
Aug 6 (Reuters) – Logistics provider Expeditors International of Washington reported a lower second-quarter profit on Tuesday, after weak demand and political tensions in the Red Sea weighed on its ocean routing unit. Shares of the company were down about 5%…
https://gcaptain.com/expeditors-second-quarter-profit-falls-as-red-sea-tensions-weigh/
July 18 (Reuters) – The Suez Canal‘s annual revenue dropped by almost a quarter in its latest financial year as some shippers switched to alternative routes to avoid attacks by Iran-aligned Houthis in the…
https://gcaptain.com/suez-canal-revenue-drops-as-some-shippers-shun-red-sea/
(Bloomberg) — It’s been four months since a liquefied natural gas tanker has passed through the narrow strait at the southern end of the Red Sea separating the Arabian Peninsula…
https://gcaptain.com/red-sea-disruption-is-splitting-global-lng-trade-in-regions/
COPENHAGEN, May 6 (Reuters) – Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry’s capacity between Asia and Europe by up to 20% in the second…
https://gcaptain.com/maersk-says-red-sea-disruption-could-cut-asia-europe-capacity-by-20/
(Bloomberg) — An Iranian ship that’s been linked to Houthi attacks in the Red Sea is returning home, removing a prominent asset in the area as the Islamic Republic braces…
https://gcaptain.com/iranian-ship-behshad-linked-to-houthi-attacks-heads-home-amid-tensions/
The U.S. Central Command has confirmed three fatalities on board the Barbados-flagged bulk carrier True Confidence after the ship was struck by an anti-ship ballistic missile in the Gulf of…
https://gcaptain.com/three-dead-after-houthi-missile-attack-on-bulk-carrier/