The US and UK’s decision to hit back at Houthi militants after weeks of attacks on merchant shipping in the Red Sea has only escalated the chaos across the shipping industry, underscoring the threat of an enduring supply-chain crisis as …
Some ship insurers are starting to avoid covering US and UK merchant ships against war risks when they navigate the southern Red Sea, another sign of blowback since the two nations’ airstrikes on Yemen last week. Houthi militants have stepped …
DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels fired their largest-ever barrage of drones and missiles targeting shipping in the Red Sea, forcing the United States and British navies to shoot down the projectiles in a major naval engagement, …
SAVANNAH, Ga. (AP) — The Georgia Department of Transportation said Wednesday it has chosen a general contractor to oversee a $189 million project to raise Savannah`s towering suspension bridge so that larger cargo ships can pass underneath and reach one …
The US military is trying to reassure shipping companies that a multinational force is making it safe to sail through the Red Sea and Suez Canal even though attacks from Yemen-based Houthi rebels show no sign of stopping. The Pentagon …
KYIV, Ukraine (AP) — A civilian cargo ship struck a Russian mine in the Black Sea near Ukraine’s Danube ports Thursday, injuring two sailors, officials and analysts said, in an incident that underscored the dangers faced by those exporting Ukrainian …
FRANKFURT, Germany (AP) — Shipping firm Maersk says that it`s preparing to allow vessels to resume sailing through the Red Sea, thanks to the start of a U.S.-led multinational naval operation to protect shipping from attacks by Houthi rebels in …
MANAMA, Bahrain (AP) — The U.S. and a host of other nations are creating a new force to protect ships transiting the Red Sea that have come under attack by drones and ballistic missiles fired from Houthi-controlled areas of Yemen, …
Spiraling attacks on merchant ships by Houthi militants off the coast of Yemen have prompted widespread trade disruption with some of the world’s biggest vessel owners evaluating whether it’s safe to send crews through the Red Sea. Two of the …
LONDON –– War risk insurance premiums edged up for Red Sea voyages after three vessels were attacked in the area on Sunday and fears grow over worsening perils for commercial shipping, maritime and insurance sources said on Monday. The incidents …