COLUMN | Houthi attacks show asymmetrical sea warfare is the way ahead [Naval Gazing]

Test firing of the UK-developed DragonFire laser weapon

Attacks by Yemen’s Houthi rebels on merchant shipping in the Red Sea, the Indian Ocean, the Gulf of Aden, and the Arabian Sea continue apace. The Iran-backed Houthis are very well equipped with multiple attack drones and with anti-shipping cruise and ballistic missiles. These weapons are based...

https://www.bairdmaritime.com/security/incidents/piracy/column-houthi-attacks-show-that-asymmetrical-sea-warfare-is-the-way-ahead-naval-gazing/

Red Sea Port Authority awards operating concession for three Egyptian cruise ports

Signing of agreement between the AD Ports Group and the Red Sea Ports Authority that awards AD Ports a concession to operate three cruise terminals in Egypt

UAE port operator the AD Ports Group and the Red Sea Ports Authority (RSPA) of Egypt have entered into a definitive concession agreement for the development, operation, and management of three cruise terminals at Safaga, Hurghada, and Sharm El Sheikh ports. The AD Ports Group’s total investment of...

https://www.bairdmaritime.com/shipping/ports/red-sea-port-authority-awards-operating-concession-for-three-egyptian-cruise-ports/

Crew safely evacuated from bulk carrier hit by Houthi attack

The rescued Filipino crew of the Liberian-flagged coal carrier Tutor in Bahrain just prior to their flight to Manila, June 16, 2024

The Philippine Department of Migrant Workers (DMW) has confirmed that the 21 Filipino crewmembers of a commercial vessel that suffered damage in an attack by Yemen’s Houthi rebel group last week have been safely evacuated. The sailors of the Liberia-flagged, Greek-owned coal carrier Tutor were...

https://www.bairdmaritime.com/shipping/dry-cargo/bulkers/crew-safely-evacuated-from-bulk-carrier-hit-by-houthi-attack/

Ambrey: Latest Houthi attacks show a “significant increase in effectiveness”

This week has seen a spate of new Houthi attacks — and, in a just released threat circular, maritime risk consultancy Ambrey says that they are showing a significant increase In effective. In the week prior to the release of the Ambrey circular, the Houthi claimed six operations against merchant shipping. Four of those targeting attempts resulted in physical damage.

UKMTO WARNING INCIDENT 083 ATTACK UPDATE 004

The crew of the vessel has been evacuated by military authorities. The vessel has...

https://www.marinelog.com/legal/safety-and-security/ambrey-latest-houthi-attacks-show-a-significant-increase-in-effectiveness/

What does air cargo’s early peak season mean for peak season?

Demand and rates for airfreight transportation continue to soar through the normally soft summer season, powered by the unrelenting strength of e-commerce fulfillment from China and shippers pulling forward orders for the winter holidays to protect against rising costs, capacity shortages and worsening ocean shipping delays.

Air cargo volumes remain elevated from major Asian and Middle Eastern origins, especially to Europe, amid cascading effects on port productivity resulting from the effective...

https://www.freightwaves.com/news/what-does-air-cargos-early-peak-season-mean-for-peak-season

Red Sea diversions send Singapore bunker sales soaring

Red Sea diversions

As Houthi terrorist targeting of ships continues and vessels avoid Red Sea transits, sales of bunker fuel in Singapore, the world’s largest bunkering fuel port, have increased to all-time highs. This indicates increased global consumption as cargo ships, tankers, and other vessels take longer routes to avoid the Red Sea, reports the U.S. Energy Information Administration.

Many of the new routes involve rounding Africa’s Cape of Good Hope, which can add several thousand miles and two to three...

https://www.marinelog.com/news/red-sea-diversions-send-singapore-bunker-sales-soaring/

Houthi missiles damage bulker in latest attack on Red Sea shipping

The Marshall Islands-flagged bulk carrier Laax after suffering damage caused by missiles fired from within Yemen, May 28, 2024

US Central Command (CENTCOM) and UK Maritime Trade Operations (UKMTO) have both reported an incident wherein a commercial vessel suffered damage after being struck by missiles fired from Houthi-controlled areas in Yemen on Tuesday, May 28. The attack occurred between 12:05 and 13:40 local time on...

https://www.bairdmaritime.com/shipping/dry-cargo/bulkers/houthi-missiles-damage-bulker-in-latest-attack-on-red-sea-shipping/

Marine insurer: Risks to maritime industry changing at unprecedented speed

The flow of trade will always find a way to circumvent risk. It has to. Trade at rest is not making money. The freedom of navigation lifts the global economy. It also comes with massive risk that in the end governments and industry pay for.

The waterway superhighway has been altered many, many times to ensure freight arrives at its final destination as safely and with as much certainty as possible. This year, the most obvious challenge is the Red Sea diversions. The safety of seafarers is the...

https://www.freightwaves.com/news/marine-insurer-risks-to-maritime-industry-changing-at-unprecedented-speed

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