Red Sea News

An anti-ship missile reportedly fired by Houthi militants hit a Panamanian-flagged oil tanker off Yemen's Red Sea coast on Saturday, but multiple reports indicate the ship incurred minimal damage and was able to maintain course.There were no casualties reported by the ship, U.S. Central Command (CENTCOM) said in a statement posted on the X social media platform.The strike was the latest in months of attacks on ships in the Red Sea and Gulf of Aden by the Houthis, who seized control of most of Yemen's major population centers in a civil war, in opposition to Israel's war in Gaza.The Houthis launched a single anti-ship missile at the M/T Wind, a Panamanian-flagged and Greek-owned oil tanker, at around 1 a.m.

“In 2023, 2.3 million TEU of container ship capacity was delivered, beating the former all-time high by 37%. Year-to-date another record has been set as more than 1 million TEU has already been delivered during the first four months of the year, an increase of nearly 80% compared to the previous record,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.As ship recycling has so far only retired 19 smaller ships, the fleet has expanded by nearly 1 million TEU, a 3.5% increase compared to the beginning of the year.

So far, the Israel-Hamas conflict has had limited impact on the global economy. However, an escalation to a direct war between Israel and Iran, could result in oil prices rising to $150 a barrel and global output cut by $1 trillion, according to a new analysis by Bloomberg Intelligence (BI) and Bloomberg Economics (BE).The new study from BI and BE – Middle East Energy Scenarios – looks in detail at four broad scenarios and their potential impact on global GDP and inflation, from a sustained ceasefire to a confined conflict…

A Malta-flagged container ship was reportedly targeted with three missiles while on route from Djibouti to the Saudi city of Jeddah, British maritime security firm Ambrey said on Monday.The United Kingdom Maritime Trade Operations (UKMTO) agency said it was informed by the Company Security Officer of an explosion in close proximity to a merchant vessel.UKMTO added that the vessel and its crew were safe and authorities are investigating the incident.Iran-backed Houthi militants have repeatedly launched drones and missiles against international commercial shipping in the Red Sea region since mid

Three missiles were sighted approximately 15 nautical miles southwest of Yemen's Mokha, British security firm Ambrey said on Friday, and the United Kingdom Maritime Trade Operations (UKMTO) said that one vessel was damaged."The Master has reported two attacks.

The U.S. military said on Thursday that it had destroyed four unmanned drones launched by Iran-backed Houthi forces in Yemen.The U.S. Central Command said on the social media site X that the drones "presented an imminent threat to merchant vessels and U.S. Navy ships in the region."The drones were aimed at a coalition vessel and a U.S. warship and "were engaged in self defense over the Red Sea," the statement from the U.S. Central Command said, adding there were no injuries or damage reported to the U.S. or coalition ships.(Reuters - Reporting by Jasper Ward and Dan Whitcomb)

Several Russian warships have passed the Bab al-Mandab Strait into the Red Sea, the Russian navy's Pacific Fleet said on Thursday, amid attacks by Yemen's Houthis on merchant shipping.The Zvezda TV channel, owned by the defense ministry, quoted the fleet as saying the Russian cruiser Varyag and the frigate Marshal Shaposhnikov were taking part in the voyage.(Reuters - Reporting by Guy Faulconbridge; editing by Mark Heinrich

Yemen's Houthis said on Tuesday that they had mounted six attacks on ships with drones and missiles in the last 72 hours in the Gulf of Aden and the Red Sea.The Houthis attacked the Maersk Saratoga, APL Detroit, Huang Pu and Pretty Lady after identifying them as either U.S.

One of the largest of the international shipping associations BIMCO has reported increased threats associated with maritime shipping amid Red Sea risks related to Houthi strikes and rise of piracy activities offshore Somalia.Since November 2023, the threat to shipping has increased as the Houthis started attacking ships in the Red Sea and the Gulf of Aden. Simultaneously, piracy activity off the East coast of Somalia has risen and since December, two bulk carriers and several fishing ships have been hijacked.

Yemen's Houthis said on Friday that the group launched an attack on "Pacific 01" ship in the Red Sea with missiles.Houthis used drones to attack a U.S destroyer, said a statement published by group's military spokesperson.It did not give any evidence of such an attack.(Reuters - Reporting by Mohammad Ghobari and Ahmed Elimam; Editing by Michael Georgy)

A daylight inspection showed that a merchant vessel was not hit or damaged in the Red Sea off Yemen's Hodeidah after initial reports it was struck by a missile, the United Kingdom Maritime Trade Operations (UKMTO) and British security firm Ambrey said on Friday.Iran-aligned Houthi militants in Yemen have repeatedly launched drones and missiles against international commercial shipping in the region since mid-November in professed solidarity with Palestinians against Israel's war in Gaza.Their Red Sea attacks have disrupted global shipping…

The U.S. Central Command (CENTCOM) has confirmed that Yemen's Houthis fired two anti-ship ballistic missiles from their controlled areas into the Red Sea toward merchant vessel Pinocchio.The Singaporean-owned, Liberian-flagged ship was attacked on March 11, CENTOM said early on Tuesday, adding that the missiles did not impact the vessel and that there were no injuries or damage reported.Later on the same day, CENTCOM conducted six self-defense strikes destroying an unmanned underwater…

A missile-related incident has been reported west of Yemen's Red Sea port city of Hodeidah, British maritime security firm Ambrey said on Monday.Separately, the United Kingdom Maritime Trade Operations (UKMTO) agency said it had received a report of a sound of an explosion in the vicinity of a vessel 71 nautical miles southwest of Yemen's port of Saleef.The vessel and crew were safe, UKMTO added.Yemen's Iran-aligned Houthis have been attacking ships in the Red Sea and Gulf of Aden since November in what they say is a campaign of solidarity with Palestinians during Israel's war with Hamas in Ga

An explosion in the vicinity of a Barbados-flagged, U.S.-owned cargo ship off the port of Aden in southern Yemen was reported by a nearby vessel, British security firm Ambrey said on Wednesday.The ship, located approximately 57 nautical miles southwest of Aden, was hailed by an entity declaring itself to be the "Yemeni Navy" and ordered to alter course, Ambrey said.Vessels in the vicinity reported a loud bang and a large plume of smoke, the United Kingdom Maritime Trade Operations (UKMTO) agency said.Houthi militants in Yemen have launched drone and missile attacks on shipping in the Red Sea…

One of two anti-ship ballistic missiles fired by Yemen's Houthis at the container vessel M/V MSC SKY II in the Gulf of Aden hit the ship and caused "damage", the U.S. Central Command (CENTCOM) said on Tuesday.Initial reports indicated no injuries and the Liberian-flagged, Swiss-owned container vessel did not request assistance and continued on its way, CENTCOM said in a statement.A military spokesperson for the Iran-aligned Houthis said on Monday that they targeted the vessel with "a number of suitable naval missiles".

“During the first seven weeks of 2024, cargo volumes to and from ports in the Gulf of Aden and Red Sea declined 21% y/y. The number of ships arriving in these ports significantly declined as merchant shipping increasingly avoided transiting through the region due to concerns over attacks on ships by the Houthis,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Since November 2023, Houthi forces have attacked ships in the Red Sea and Gulf of Aden. In December, most container and gas carriers started avoiding the region and by January…

Two missiles were fired at a vessel in an attack southeast of the Yemeni port city of Aden on Thursday, causing a fire onboard, Britain's maritime agency said.US-led coalition forces are responding to the incident, which took place 70 nautical miles from Aden in the direction of the Red Sea, the United Kingdom Maritime Trade Operations (UKMTO) agency said without elaborating."It has been reported that a vessel was attacked by two missiles, resulting in a fire on board," the UKMTO said.Iran-backed Houthis, who control Yemen's most populous regions, have been attacking vessels in the Red Sea and

Disruption to shipping in the Red Sea region will impact QatarEnergy's deliveries of liquefied natural gas (LNG) but not its production, CEO Saad al-Kaabi said on Monday."It's only going to take longer to get it there. But it will not reach a point where we have to stop production because there isn't any ship.

Spiraling ocean freight rates from the Far East to the United States, caused by the Red Sea crisis, may have peaked, with some relief on the horizon emerging for the shippers, according to the latest analysis from Xeneta, and ocean and air freight rate benchmarking and market analytics platform.The latest data released by Xeneta indicates a peak may have been reached after spot rates from the Far East into the US declined slightly since the last round of General Rate Increases (GRIs) were implemented at the start of February.Into the US East Coast…

Yemen's Iran-aligned Houthis fired missiles at two vessels in the Red Sea, they said on Tuesday, causing minor damage to a cargo ship that was sailing off the coast of Yemen's Hodeidah.The Houthis have been targeting commercial vessels with drones and missiles in the Red Sea since mid-November, in what they describe as acts of solidarity with Palestinians against Israel in the Gaza war.The group's military spokesman said it fired naval missiles at the Morning Tide and Star Nasia…

Commodities trader Trafigura said on Saturday it was assessing the security risks of further Red Sea voyages after firefighters put out a blaze on a tanker attacked by Yemen's Houthi group a day earlier.The U.S. military said a U.S. Navy ship and other vessels provided assistance after the Marlin Luanda was hit by a Houthi anti-ship missile."No further vessels operating on behalf of Trafigura are currently transiting the Gulf of Aden and we continue to assess carefully the risks involved in any voyage…

Freight going through the Suez Canal has dropped by 45% in the two months since attacks by Yemen's Houthis led shipping groups to divert freight, disrupting already strained maritime trading routes, according to UN agency UNCTAD.UNCTAD, the United Nations Conference on Trade and Development, which supports developing countries in global trade, warned of risks of higher inflation, uncertainty of food security and increased greenhouse gas emissions.Shipping companies have diverted ships from the Red Sea since the Iran-aligned Houthi movement…

The United Kingdom Maritime Trade Operations (UKMTO) said on Friday a vessel positioned approximately 60 nautical miles (nm) from Yemen's city of Al Hudaydah reported an explosion heard and missiles sighted a few miles from its position.UKMTO added a further explosion at sea was sighted approximately 0.5 nm from the reporting vessel.The crew and the vessel are safe, UKMTO said.(Reuters - Reporting by Jana Choukeir and Tala Ramadan;Editing by Andrew Cawthorne)