Recent analysis by UK-based marine assurance specialist, MIS Marine, has revealed that longer voyages undertaken by LNG carriers re-routed round the Cape of Good Hope to avoid the risks of the Red Sea, are having a negative impact on the ships’...

Ocean Network Express (ONE) has postponed the reinstatement of its East Coast 4 (EC4) service connecting Asia and the US East Coast due to the continued threat from Houthi militia in the Red Sea.

A missile attack on a Chinese-owned, Chinese-operated oil tanker on March 23 caused damage and a fire onboard.

For anyone other than those on the receiving end of containership freight rates, the dawn of each new day brings an absence of good news in this increasingly hazardous world.

As shipowners and charterers avoid the Red Sea due to Houthi attacks and divert via the Cape of Good Hope they are faced with a hefty additional fuel bill.

In a bid to emphasise the seriousness of the Red Sea Situation, The International Bargaining Forum’s (IBF) Warlike Operations Area Committee (WOAC) unanimously agreed to designate the Red Sea and Gulf of Aden ‘Warlike’.

Houthi rebels in Yemen say they will expand the range of their attacks on shipping to cover across the Indian Ocean to South Africa and the Cape of Good Hope.

Increasing attacks on commercial shipping navigating the Red Sea and Gulf of Aden have virtually tripled the EU Emissions Trading System (EU ETS) costs as most vessels have opted to divert around the Cape of Good Hope.

The US military says some 28 drones were downed in less than five hours on 9 March fired by Houthi rebels in Yemen at vessels in the Red Sea.

Global motor racing series World Endurance Championship (WEC) has turned to air freight to avoid delays with ocean shipping due to the Red Sea crisis.