Senior UN representatives have pleaded with the Security Council to prevent regional tensions from rising and prioritise safeguarding global supply lines. The end of December 2023 […]
On Thursday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (abbreviated the OFAC) declared actions against the financial networks helping Houthi forces in […]
Oil prices dropped on January 02 as the traders monitored the growing tensions in the Red Sea amid a path-breaking US crude production and worries regarding […]
Maersk announced on Tuesday that it will reroute vessels around Cape of Good Hope (Africa) and permanently halt Red Sea transits. The choice was made in […]
Energy analysts claim that because of the quick expansion of LNG liquefaction plants on the U.S. Gulf Coast, the U.S. now leads the globe in exporting […]
Iran’s Alborz warship has crossed the vital Bab al-Mandeb Strait and entered the Red Sea, according to Iran’s Tasnim news agency. Twelve per cent of international […]
A joint venture called Wisdom Synergy Ship Management (WSSM) has been established by the leading ship management business in Singapore, Synergy Marine Group, and the Taiwanese […]
Three explosions were observed close to Mocha in Yemen by a container ship flying the flag of Malta, as reported by the British maritime security company […]
The crew of the USS Carney, a destroyer in the Navy deployed with the Gerald R. Ford carrier strike group, has received recognition for their outstanding […]
Houthis launched several naval missile and drone attacks targeting two U.S Navy warships in the Red Sea on the night of Tuesday. Image for representation purposes […]
Misfer Al-Numair, the Houthi Telecommunications Minister, said on Monday that vessels will need to secure a permit from the Yemeni Houthi-led Maritime Affairs Authority before entering […]
The Philippine Coast Guard (PCG) has reported that one of its boats has experienced minor structural damage. In the most recent confrontation in the much-disputed waters, […]
A Belize-registered UK-owned vessel that was attacked by Houthis in the past month recently sank into the Red Sea, the US military confirmed on Saturday, as […]
Houthis attacked and impaired a container vessel in the Gulf of Aden on Monday as the group continued roiling shipping in the area. Image for representation […]
Egypt aims to expand the crucial Suez Canal with a second channel and extend its capacity to enrich worldwide trade flow and economic resilience. Image for […]
Government sources informed that the Indian Defence Research and Development Organisation (abbreviated the DRDO) on Monday presented its report to the authority regarding the seizure of […]
MOL Chemical Tankers, a subsidiary of Japan’s Mitsui O.S.K Lines (MOL), has successfully acquired all shares in the Singapore-based Fairfield Chemical Carriers from Fairfield-Maxwell in the […]
Eight Filipino seafarers continue to be detained in Algeria after a court turned down all motions for bail and house arrest. They were arrested in July […]