Yet another attack on commercial vessels in the Red Sea/Gulf of Aden region, this time on the US flagged chemical tanker Torm Thor, again emphasises the difficulty in protecting trading routes from missile and drone attacks.
A Houthi missile found its target some 70 nm south of Aden causing minor damage and a minor injury to a crew member, according to reports from US Central Command (CENTCOM).
The idle container ship fleet has contracted again as the crises in the Red Sea and Panama Canal suck capacity into service diversions and distort the market, as newbuildings arrive to alleviate tonnage crunch.
SeaLead and Blue Water Line are rolling out a new service connecting Indian ports with Saudi Arabia, UAE and Oman.