The European Union launched on Monday a naval mission to the Red Sea "to restore and safeguard freedom of navigation" there. The "defensive maritime security operation", dubbed Eunavfor Aspides, comes after Iranian-aligned Houthi militants started
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
Vessel carrying thousands of sheep and cattle recalled by Canberra due to concern for animals’ health after trip is extended due to Houthi threat. The Australian government said on Monday it had refused a request
Attacks on shipping vessels by Iranian-backed Houthi rebels in the crucial Red Sea shipping lane have disrupted shipping in the Suez Canal, the fastest sea route between Asia and Europe. Data from S&P Global showed
The Israeli military said its “Arrow” aerial defense system successfully intercepted a surface-to-surface missile fired at Israeli territory on Friday in the area of the Red Sea. The military statement did not provide details on
More ships carrying grain were diverted from the Suez Canal to sailings around the Cape of Good Hope this week after attacks on vessels in the Red Sea, shipping analysts said on Friday. “Another 16
