French Shipping Company CMA CGM Loses 44 Containers in Tough Weather July 11, 2024 French shipping and logistics company CMA CGM said on Thursday that its ship “Benjamin Franklin” had lost 44 containers in...
Abandoned Tanker Lavant Has Likely Sunk Off Yemen, Sources Say July 5, 2024 An abandoned tanker that was drifting off Yemen’s coast in June has disappeared and is believed to have sunk, three...
Houthis Escalate Red Sea Danger With Explosive Drone Attacks July 3, 2024 By Jonathan Saul and Renee Maltezou Yemen’s Houthis are sending drone boats packed with explosives into the Red Sea as they intensify their attacks on merchant...
After Oil, Russia May Be Building a Shadow Fleet for Gas June 28, 2024 By Bloomberg News In the months that followed its invasion of Ukraine and punitive Western restrictions imposed in response, Russia amassed a shadow...
Sanctions Damaging Safety at Sea, Says Sanctioned Ship Group Sovcomflot June 27, 2024 Sanctions on shipping companies are undermining safety at sea and pose dangers for trade as ship standards are impacted, the...
Venezuela Resorts to Using Shadow Tankers to Supply Oil to Ally Cuba June 27, 2024 By Marianna Parraga Venezuela’s state oil company PDVSA has begun using tankers that navigate off radar to supply its closest political ally, Cuba,...
Drone-Sinking of Coal Ship Boosts Red Sea Perils, Drives Surge in Insurance Costs June 20, 2024 By Alex Longley The sinking of a coal-carrier by a sea drone has boosted the risk of navigating the vital Bab el-Mandeb chokepoint...
Shipping Industry Urges Red Sea Action as Houthis Sink Second Vessel June 20, 2024 By Jonathan Saul Urgent action must be taken in the Red Sea to stop attacks on merchant shipping by Yemen’s Houthis, leading industry...
Ship Hit by Yemen’s Houthis in Red Sea Has Sunk, UK Navy Says June 19, 2024 By Alex Longley A vessel hit by a sea drone in the Red Sea last week has sunk, the UK Navy said, the...
Top Shipping Flag Cuts Approval for Sanctioned Russian Insurer June 18, 2024 By Alex Longley The world’s largest shipping register withdrew its approval for Russia’s Ingosstrakh Insurance Co. to provide a key document enabling ships...