Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on t…
LONDON : Joint industry statement from ICS, BIMCO, European Shipowners | ECSA, INTERCARGO and INTERTANKO on the latest developments in the Red Sea: “In recent days, two ships have now been attacked in the
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
Yemeni Armed Forces ban all Israeli ships from passing via Red Sea, Bab al-Mandab Strait
SANAA : All Israeli ships are now banned from passing through the Red Sea, Bab al-Mandab Strait, the Gulf of Aden, and the Arabian Sea, according to a statement from the Yemeni Armed Forces
MSC says it will keep avoiding Red Sea for now
GENEVA : Container liner MSC Mediterranean Shipping Co. SA said it will continue to send its ships around Africa’s southern tip until further notice, a sign that any resumption to normal trade flows through the Red Sea is
Maritime sources expect Houthis to halt Red Sea attacks after Gaza deal
LONDON : Maritime security officials said, on Thursday, they were expecting Yemen’s Houthi rebels to announce a halt in attacks on ships in the Red Sea, after a ceasefire deal in the war in
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,
Evolving trade routes dampen demand for Ultra Large Container Vessels
SINGAPORE : According to industry data, the demand for Ultra Large Container Vessels (ULCVs) has decreased as shipping companies shift to smaller, more versatile vessels to accommodate changing trade patterns. The redirection of global
Houthi attacks another container ship in Arabian Sea
SANAA : Yemen’s Houthi rebels claimed a drone attack on a Maersk container ship in the Arabian Sea on Dec. 27, stoking renewed concerns over Red Sea shipping amid another flare-up in attacks. In