Red Sea News

UN Says $144M Needed to Avert Yemen Tanker Disaster

CAIRO (AP) — The United Nations was seeking $144 million on Wednesday needed to fund the salvage operation of a decaying tanker full of oil moored off the coast of Yemen, a ship whose demise could cause an environmental disaster. …

Explosive-Laden ‘Drone’ Boat Targets Saudi Port of Yanbu

DUBAI, United Arab Emirates (AP) — A remotely piloted boat packed with explosives targeted the Saudi port of Yanbu in the Red Sea on Tuesday, the kingdom said, with the blast sending black smoke into the sky off the coast. …

Ship Insurers Primed to Raise Rates After Red Sea Attacks

LONDON — Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said. The possibility of more attacks …

Seeking to Avoid Escalation, Ships Deploy Unarmed Guards to Navigate Gulf

LONDON — Shipping companies are hiring unarmed security guards for voyages through the Middle East Gulf as an extra safeguard after a wave of attacks in the region, security companies involved said. Relations between Iran and the West are increasingly …

Da Vinci’s $450 Million Masterpiece Is Kept on Saudi Prince’s Yacht: Artnet

A Leonardo Da Vinci masterpiece, whose whereabouts has been a mystery since it sold in 2017 for a record $450 million, has turned up in an unlikely place, according to Artnet.com. “Salvator Mundi” is being kept on superyacht Serene owned …

All Rescued in Egypt Ferry Fire On the Red Sea

All 1,200 passengers who were on board a ferry that caught fire on the Red Sea en route to Egypt’s port of Nuweiba were rescued and the blaze was quickly extinguished, Egyptian and Jordanian officials said. The passengers from the …