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 Saudi Ports Authority (MAWANI) has launched the Ports Community System (PCS) under the umbrella of the unified logistics window ‘Logistics’.
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.
Trade union Nautilus International has called for a halt to Red Sea transits to protect the lives of seafarers.
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.
The shipping world is united in its condemnation of the Houthi attack which has left three crew dead and a number of others injured and traumatised after a missile struck the Greek-owned bulk carrier True Confidence.
The Indian Navy has released dramatic video showing the rescue of seafarers from the bulker True Confidence struck by a Houthi missile on 6 March.
Three seafarers are confirmed to have died and at least four are injured, three critically, after a Houthi missile struck the bulk carrier True Confidence.