supply chain disruptions News

Worst Taiwan Quake in 25 Years Kills at Least 9, With Hundreds Injured

Taiwan’s strongest earthquake in a quarter century leveled dozens of buildings on the eastern side of the island, killing at least nine people and disrupting semiconductor production at some of the world’s leading chipmakers. The quake hit at 7:58 a.m. …

Rescue Crew Navigate Drones and Fire to Salvage Houthi-Hit Ship

A salvage crew climbing up a fire-ravaged ship lined with barbed wire. A French naval vessel fighting off combat drones. And seafarers navigating through the looming risks of encountering Somali pirates. These are scenes from a perilous mission that began …

Update: Baltimore Ship Accident Has East Coast Ports Scrambling to Absorb Cargo

US East Coast ports are modifying their operations to absorb cargo diverted from Baltimore harbor, where salvage specialists are starting to clear debris from the destroyed Francis Scott Key Bridge and authorities are establishing a temporary channel to reopen traffic. …

Yemen’s Houthis Tell China, Russia Their Ships Won’t Be Targeted

The Yemen-based Houthis have told China and Russia their ships can sail through the Red Sea and Gulf of Aden without being attacked, according to several people with knowledge of the militant group’s discussions. China and Russia reached an understanding …

Update: Houthi Militants Say Fuel Tanker in Red Sea Targeted With Missiles

Yemen’s Houthis targeted a fuel tanker, MADO, in the Red Sea with naval missile and Israel’s Eilat port and resort region with winged missiles, the group’s military spokesperson Yahya Sarea said on Tuesday. MADO is a Marshall-Islands flagged liquefied petroleum …

Lockton Partners With Food Science Specialist to Mitigate Risk in Food & Drink Sector

Insurance broker Lockton announced a collaboration initiative with the food science company Campden BRI, a leading food science company, to support the food and drink industry and provide key risk mitigation and management support in the face of an evolving …

Yemen’s Rebels Target Singapore-Flagged Ship in Gulf of Aden

An attack by Yemen’s Houthi rebels set off explosions ahead of a Singapore-flagged vessel in the Gulf of Aden, authorities said, the latest in a campaign of assaults by the Iranian-backed group over Israel’s war on Hamas in the Gaza …

Deadly Ship Attack Means Red Sea Voyages Need Re-Thinking, Union Says

A major transport union urged a full halt of merchant ships sailing through the Red Sea, adding to calls for vessels to reconsider the voyages after a Houthi militant attack killed three sailors. “We call on the industry to divert …

Houthi Red Sea Attack Kills 3 Seafarers in 1st Civilian Fatalities

India’s navy evacuated all 20 crew from a stricken vessel in the Red Sea on Thursday, after a Houthi attack killed three seafarers in the first civilian fatalities from the Yemeni group’s campaign against the key shipping route. The Iran-aligned …

Houthi-Sunk Ship Seen as Likely Cause of Severed Red Sea Cables

The anchor of a cargo ship sunk by Houthi militants was probably responsible for damaging three telecommunications cables in the Red Sea in late February, according to assessments by the US and an industry group. “Those cables were cut, most …