British maritime security firm Ambrey said that a container ship targeted by Yemen's Houthis on Tuesday was Liberia-flagged and headed for Somalia. The Iran-aligned Houthi militia said it had targeted an Israeli cargo ship, the
Houthi military spokesman Yahya Sarea added the group used drones to target a number of US warships in the Red Sea and Arabian Sea as well as sites in Eilat in southern Israel. Since November,
Egyptian President Abdel Fattah al-Sisi said Monday that revenues from the Suez Canal had “decreased by 40 to 50 percent” so far this year due to attacks on shipping by Yemen’s Iran-backed Houthi militia. The
The designation allows the United States to crack down on the group’s access to the global financial system. The State Department on Friday designated the Houthis as a terrorist organization, following through on a mid-January
The United Nations fears that a U.S. decision to return Yemen's Houthi rebels to a list of terrorist groups could harm the war-torn country's economy, particularly commercial imports of essential items, a senior U.N. aid
Shipping giant Maersk reports a massive drop in net profit in 2023 and warns of “uncertainty” in 2024 due to Yemeni rebel attacks on vessels in the Red Sea. An oversupply of container shipping last
War underwriters have raised the premiums they charge to U.S., British and Israeli firms by as high as 50% for ships transiting the Red Sea and some providers are avoiding such business due to targeting
They proved that the West values swift shipping at reasonable prices much more than the lives of Palestinian children. The British and American air strikes on Yemen since January 12, launched with support from Australia,
Around 15,500 sheep and cattle aboard a ship that turned back from the Red Sea due to the risk of attack off Yemen will disembark in Australia but likely be put on another vessel in
Diplomatic efforts are underway to try to find a "climbdown" for Yemen's Houthis, the special U.S. envoy to Yemen said in a video recording released on Tuesday, in an apparent reference to finding a face-saving
