Chaos in The Red Sea is Starting to Bite into Companies’ Profits January 23, 2024 By Farah Elbahrawy, Julien Ponthus and Michael Msika With the Red Sea crisis roiling shipments of everything from cars to energy, it’s a matter of time before soaring...
Airstrikes on Yemen Bring New Level of Chaos to Shipping in the Southern Red Sea January 19, 2024 By Áine Quinn, Julian Lee and Alex Longley The US and UK’s decision to hit back at Houthi militants after weeks of attacks on merchant shipping in the...
Insurers Seek to Exclude US, UK Ships from Red Sea Coverage January 17, 2024 By Alex Longley and Áine Quinn Some ship insurers are starting to avoid covering US and UK merchant ships against war risks when they navigate the...
Yemen’s Houthis Launch their Largest Red Sea Drone and Missile Attack, Though No Damage is Reported January 11, 2024 By Jon Gambrell DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels fired their largest-ever barrage of drones and missiles targeting shipping in...
Georgia Agency Awards Contract to Raise Savannah Bridge to Accommodate Bigger Cargo Ships January 5, 2024 By Russ Bynum SAVANNAH, Ga. (AP) — The Georgia Department of Transportation said Wednesday it has chosen a general contractor to oversee a...
US Tries to Persuade Shippers to Sail Red Sea Despite Houthi Attacks December 29, 2023 By Courtney McBride and Daniel Flatley The US military is trying to reassure shipping companies that a multinational force is making it safe to sail through...
Cargo Ship Picking Up Ukrainian Grain Hits Russian Floating Mine in the Black Sea, Officials Say December 29, 2023 By Hanna Arhirova KYIV, Ukraine (AP) — A civilian cargo ship struck a Russian mine in the Black Sea near Ukraine’s Danube ports...
Shipping Firm Maersk Preparing for Resumption of Red Sea Voyages After Attacks from Yemen December 28, 2023 FRANKFURT, Germany (AP) — Shipping firm Maersk says that it`s preparing to allow vessels to resume sailing through the Red...
Pentagon Announces New International Mission to Counter Attacks on Commercial Vessels in Red Sea December 20, 2023 By Tara Copp and Lolita C. Baldor MANAMA, Bahrain (AP) — The U.S. and a host of other nations are creating a new force to protect ships...
Houthi Attacks Push Shipping Giants to Pause Red Sea Voyages December 15, 2023 By Alaric Nightingale and Sanne Wass Spiraling attacks on merchant ships by Houthi militants off the coast of Yemen have prompted widespread trade disruption with some...