Houthi rebel leader Muhammad Ali Al-Houthi has ordered his forces not to fire on vessels transiting the Red Sea which declare they have no connection to Israel.
A Master and Chief Engineer were reported to have been abducted by pirates in the west African Gulf of Guinea region on New Year’s Day, off the southern coast of Cameroon.
Anti-ship ballistic missiles were fired into the Red Sea on January 2, demonstrating the continued threat to merchant shipping despite an international naval presence.
Maersk announced it will extend a 48 hour pause to transits through the Red Sea and Gulf of Aden until further notice following the attack on one of its ships over the weekend.
The EU’s Emission’s Trading System for shipping, the resurgence of piracy, and electronic trade documentation are all trends to keep a watchful eye on in the new year according to Keystone Law.
Mergers and acquisitions, the Panama Canal water restrictions, the Dark Fleet, Starlink's mini-revolution, and shipping under attack in the Red Sea. It's been a dramatic year in shipping.