After a period with few reports of Houthi activity, the Iranian-backed group has resumed its targeting of merchant shipping, with Al Arabiya and other regional news outlets quoting the Houthi’s military spokesman as saying the group had attacked the “U.S. ship Maersk Yorktown and an American destroyer in the Gulf of Aden and Israeli ship MSC Veracruz in the Indian Ocean.”
According to U.S. Central Command: “At 11:51 a.m. (Sanaa time) on April 24, a coalition vessel successfully engaged one...
Russian warships entered the Red Sea last Thursday, for what the Russian Pacific Fleet’s press service has stated was the performance of “assigned tasks within the framework of the long-range sea campaign.” This intentional vagueness has invited no small amount of speculation as to the ships’ true objectives.
Theories range from retaliatory pressure on Israel, which decided in late February to co-sponsor a United Nations resolution condemning Russia’s invasion of Ukraine, to supporting...
https://www.freightwaves.com/news/red-sea-crisis-nears-boiling-point-unable-to-heat-up-spot-rates
Companies across the globe have been impacted by a myriad of major supply chain disruptions. This is especially true for companies navigating the lingering Suez Canal and Panama Canal issues.
Shippers that have historically utilized the Suez Canal have had to extend their routes, bypassing the canal and sailing around the Cape of Good Hope in order to avoid getting caught in attacks due to unrest in the Middle East. This shift has added significant time to the average voyage.
“Approximately 14...
The Yemeni Houthi rebels’ continued attacks on shipping in the Red Sea serve as a reminder that global supply chains remain highly vulnerable to disruption. Moreover, it highlights how food insecurity can simultaneously be an effect and cause of conflict. To address this, the international...
An MSC containership has become the latest vessel to be damaged in a Houthi attack.
U.K. Maritime Trade Operations today issued a report at 1500 UTC on an incident 91 nautical miles southeast of Aden in which the master of a vessel reported two explosions. The first was a distance off the vessel’s port quarter, the second caused damage to the vessel, with the master reporting fire and smoke on board that the vessel was tackling. No injuries were reported. In updates, UKMTO said first that the...
https://www.marinelog.com/legal/safety-and-security/msc-containership-struck-by-houthi-missile/
CAIRO, March 4 (Reuters) – Egypt is studying further expansions of the Suez Canal to extend and complete a second channel of the waterway, the canal’s head said on Monday, a move…
https://gcaptain.com/suez-canal-head-says-egypt-studying-further-expansion-of-waterway/
In early February, oil markets were lulled by hope of a now-unlikely ceasefire in the Israel-Hamas war. But a recent string of Houthi attacks have reignited concerns about the Red Sea crisis, raising the floor for tanker rates.
The Iran-aligned Houthis claimed responsibility for Friday’s attack on oil tanker M/T Pollux, which was bound for India. No injuries were reported.
This and other recent Houthi attacks, which followed a brief pause in early February, led major maritime insurer Steamship...
https://www.freightwaves.com/news/war-risk-exclusions-by-insurers-heighten-stakes-in-red-sea-attacks
*Note: this article was written in the run-up to Christmas 2023. Ships often travel by the Suez Canal but many ships are now avoiding the Red Sea because of ballistic […]
The post A crisis of two canals appeared first on Shipping Australia.
https://www.shippingaustralia.com.au/a-crisis-of-two-canals/
Athens-headquartered, NASDAQ-listed Star Bulk Carriers Corp. has had two of its ships targeted by Houthi attacks, even though one of them, the Star Iris was carrying a cargo of corn from Brazil to for Bandar Iman Khomeini, Iran.
Houthi Attack in Bab al-Mandeb
On Feb. 12 from 3:30 to 3:45 a.m. (Sanaa time), Iranian-backed Houthi militants fired two missiles from Houthi-controlled areas of Yemen toward the Bab al-Mandeb. Both missiles were launched toward MV Star Iris, a Greek-owned, Marshall… p...
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With geopolitical tensions rising around the Suez Canal and water levels dropping at the Panama...