UN council authorizes continuing vigilance of attacks by Yemen’s Houthi rebels on Red Sea shipping
NEW YORK : The U.N. Security Council on Tuesday authorized continued reporting on attacks on ships in the Red Sea by Yemen’s Houthi rebels, who have defied its previous demands to immediately halt all
Red Sea insurance soars after deadly Houthi ship attacks
LONDON : The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen’s Houthis attacked and sank two ships, killing at least four seafarers after months
US vows to keep hitting Houthis until shipping attacks stop
SANAA : The United States will keep attacking Yemen’s Houthis until they end attacks on shipping, the U.S. Defense Secretary said on Sunday, as the Iran-aligned group signaled it could escalate in response to
Suez Canal Authority says stability returning to Red Sea
CAIRO : Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take that into account when
Baltic Index at over 1-year low as rates decline across segments
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a sixth straight session on Tuesday to an over one-year low as rates
Sympathy for the shipping executive : Drewry
LONDON : Do not expect container lines to immediately return to Suez Canal transits after the Houthis say they will stop attacks on shipping. The return of Donald Trump is another wildcard for the
Houthi rebels to halt military operations against most ships in Red Sea
NEW YORK : Houthi rebels have said they will halt their military operations against most ships in the Red Sea, tanker chartering sources and brokers in Singapore, Tokyo and Dubai told S&P Global Commodity
Shipping risks via Red Sea remain elevated despite Israel-Hamas ceasefire
LONDON : Most shipping companies and charterers will continue to route their tankers and cargoes via the longer Cape of Good Hope for the time being, despite the ceasefire agreement between Israel and Hamas,
