Putting some perspective on just how enormous the rerouting of global trade has been in the wake of the Houthi attacks in and around the Red Sea over the past six months, Lars Jensen, founder […]
Houthi terrorists in Yemen have claimed responsibility for six attacks on ships in the Red Sea and the Gulf of Aden in the last 72 hours, using drones and missiles. They claimed the vessels they […]
Suez Canal Authority Bloomberg is reporting that Yemen’s Houthis will not target Chinese and Russian ships passing through the Red Sea and Gulf of Aden. Citing unnamed sources, the financial newswire says an agreement has […]
GasMiddle East QatarEnergy No LNG carrier has passed through the Suez Canal for more than two months, according to new data published from the United Nations Conference on Trade and Development (UNCTAD). The last LNG […]
Top officials from across the shipping industry have expressed their feelings about the first loss of lives from the five-month old Red Sea shipping crisis. The Houthis fired a missile yesterday at the True Confidence, […]
US Central Command Emboldened by their first ship sinking the Houthis are now insisting any ships entering their territorial waters need to obtain a permit. Ships will have to obtain a permit from Yemen’s Houthi-controlled […]
Daily Standup Top Stories U.S. Northeast Gasoline Reserve Could Be Sold Off March 4, 2024 Mariel Alumit The U.S. could sell off its 1-million-barrel Northeast Gasoline Supply Reserve in the fiscal year of 2024, a funding […]
The energy crisis that engulfed Europe after Western sanctions punished Russia’s invasion of Ukraine cost the continent hundreds of billions of dollars. Now, the Middle East crisis and the Houthi war on the Red Sea […]
US Central Command The Red Sea shipping crisis has entered a new chapter with the sinking of the Rubymar bulk carrier early on Saturday morning. The insurance situation regarding the Lebanese-owned, Greek-managed, Belize-registered ship remains […]
Planet Labs PBC / US Central Command The risks of an ecological disaster in the Red Sea are growing as negotiations get underway to safely remove the ship that has taken the biggest hit so […]
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