Houthi Missile Damages MSC Container Ship in Gulf of Aden March 5, 2024 By Alex Longley and Mohammed Hatem Houthi militants attacked and damaged a Swiss-owned container vessel on Monday in the Gulf of Aden, as the Iran-backed group...
Update: Tankers Tied to the Russian Oil Trade Grind to Halt Following US Sanctions February 13, 2024 By Julian Lee and Alex Longley A chunk of the vast fleet of tankers that Russia uses to deliver its crude oil is grinding to a...
Chinese Ships Get Cheaper Insurance to Navigate Red Sea February 7, 2024 By Alex Longley and Áine Quinn Chinese-owned merchant ships are getting hefty discounts on their insurance when sailing through the Red Sea, another sign of how...
UK Navy Warns of Piracy Menace to Ships in Indian Ocean January 31, 2024 By Alex Longley The UK Navy posted an advisory to merchant ships in the Indian Ocean warning of pirate activity, a sign of...
Red Sea Turmoil Sends Economic Shockwaves Across the Globe January 24, 2024 By Enda Curran, Jana Randow and Alex Longley Two months of missile, drone and hijacking attacks against civilian ships in the Red Sea have caused the biggest diversion...
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...
US Merchant Vessel Struck by Anti-Ship Missile as Shippers Told to Avoid Red Sea January 16, 2024 By Alex Longley Houthi militants hit a US-owned commercial vessel with an anti-ship ballistic missile on Monday, underscoring warnings that the world’s most...
Half of Red Sea Container-Ship Fleet Avoids Route on Threat of Attacks December 28, 2023 By Brendan Murray and Alex Longley Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because...
Shipping Insurance for Red Sea Transit Soars After Mounting Houthi Attacks December 20, 2023 By Alex Longley, Ruth Liao and Yongchang Chin The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the...
Red Sea Merchant Shipping Starts to Grind to a Halt as Houthis Step Up Attacks December 19, 2023 By Rachel Graham, Brendan Murray and Alex Longley Shipping in the Red Sea is grinding to a halt with oil tankers idling and container vessels rerouting around Africa...