Shipping

More grain ships divert from Red Sea as attacks continue

HAMBURG, Feb 2 (Reuters) - More ships carrying grain were diverted from the Suez Canal to routes around the Cape of Good Hope this week as attacks on shipping in…

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US strikes multiple drones in Yemen

By Idrees Ali and Kanishka Singh WASHINGTON, (Reuters) - The United States struck up to 10 unmanned drones in Yemen that were preparing to launch, a U.S. official said late…

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India deploys unprecedented naval might near Red Sea to rein in piracy

India has deployed at least a dozen warships east of the Red Sea to provide security against pirates and has investigated more than 250 vessels as Western powers focus on…

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Red Sea crisis unlikely to end soon, Hapag-Lloyd CEO says

HAMBURG, Jan 31 (Reuters) - Attacks on cargo vessels in the Red Sea by Yemen-based Houthi rebels are unlikely to end soon, forcing shipping companies to avoid the route through…

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Yemen’s Houthis threaten more attacks on US, British warships

DUBAI, Jan 31 (Reuters) - Yemen's Iran-aligned Houthi group said on Wednesday it would keep up attacks on U.S. and British warships in the Red Sea in what it called…

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Italy, France, Greece vying to lead EU Red Sea ‘Aspides’ mission

Italy, France, and Greece are vying to lead the new EU Aspides mission to protect Red Sea shipping from Houthi attacks, a senior European official said Tuesday.The final choice will…

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Air freight rates rise amid Red Sea crisis and in run-up to Asia’s Lunar New Year

By Lisa Barrington SEOUL, (Reuters) - Global air freight rates have climbed for the first time in seven weeks ahead of Asia's lunar new year and as attacks on Red…

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Ship carrying 16,000 sheep and cattle stranded off Australia

By Peter Hobson CANBERRA, Jan 31 (Reuters) - A ship carrying around 14,000 sheep and 2,000 cattle is marooned off the coast of Australia in sweltering heat after it was…

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Danish frigate departs for the Red Sea to assist US-led operation

By Jacob Gronholt-Pedersen KORSOR NAVAL BASE, Denmark, Jan 29 (Reuters) - Denmark on Monday sent a frigate to the Red Sea, where it will participate in a U.S.-led coalition to…

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Houthi’s TV says U.S. and British airstrikes target Yemen port

CAIRO, Jan 27 (Reuters) - The Houthi's Al-Masira television said on Saturday that the U.S. and the UK launched two airstrikes that targeted the port of Ras Issa, Yemen's main…

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UPDATED: Crew battle blaze on tanker hit by missile in Gulf of Aden

Jan 27 (Reuters) - The tanker Marlin Luanda was on fire but no deaths or injuries were reported after the vessel was struck by a Houthi anti-ship missile in the…

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Freight through Suez Canal down 45% since Houthi attacks – UNCTAD

By Philip Blenkinsop BRUSSELS, Jan 26 (Reuters) - Freight going through the Suez Canal has dropped by 45% in the two months since attacks by Yemen's Houthis led shipping groups…

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China presses Iran to rein in Houthi attacks in Red Sea, sources say

By Parisa Hafezi and Andrew Hayley Iran-backed Houthis attacking commercial ships in Red Sea Trading powerhouse China has called for attacks to stop Oil trade gives China leverage over Iran,…

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US Navy intercepts missiles in Red Sea while escorting Maersk ships

COPENHAGEN, Jan 24 (Reuters) - Maersk said explosions nearby forced two ships operated by its U.S. subsidiary and carrying U.S. military supplies to turn around when they were transiting the…

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Rome, Paris, Berlin say action needed in Red Sea

Italy, France and Germany are calling for an EU naval mission to protect Red Sea shipping from attacks by Iranian-backed Houthi rebels in Yemen with a joint document they are…

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What does Red Sea disruption mean for Europe’s economy?

By Mark John (Reuters) - Weeks of attacks by Iranian-backed Houthi militants on vessels in the Red Sea have disrupted shipping in the Suez Canal, the fastest sea route between…

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Royal Caribbean, MSC cancel cruises due to Red Sea attacks

By Doyinsola Oladipo and Catarina Demony NEW YORK/MADRID, Jan 19 (Reuters) - Some cruise operators have cancelled or adjusted their itineraries to avoid the Red Sea due to attacks on…

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Red Sea ship diversions boost bunker demand, prices in Africa, Mediterranean

By Jeslyn Lerh, Wendell Roelf and Robert Harvey SINGAPORE/CAPE TOWN/LONDON, (Reuters) - The re-routing of a growing number of ships around Africa to avoid potential attacks in the Red Sea…

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Maersk says winter weather, Red Sea disruption cause congestion

Adds quote, background, detail in paragraphs 6-10 OSLO, Jan 18 (Reuters) - Weather-related disruption at ports in northern Europe and the diversion of vessels away from the Red Sea are…

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Indian Navy rescues crew after attack on ship off coast of Yemen

Indian Navy says crew of vessel attacked in Gulf of Aden is safe Crisis cutting farm exports from Ukraine Poundland owner warns of potential impact on supplies By Krishn Kaushik,…

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Italian ports fear blow to business from Red Sea crisis

By Angelo Amante and Elisa Anzolin ROME/MILAN, (Reuters) - Houthi attacks on Red Sea shipping are causing major disruption to Italian ports, operators say, fuelling fears that a prolonged crisis…

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Maersk CEO sees Red Sea shipping disruption lasting ‘at least a few months’

By Jacob Gronholt-Pedersen and Megan Davies DAVOS, Switzerland, Jan 17 (Reuters) - Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels…

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Italy pushes for quick decision on EU maritime Red Sea force

ROME, Jan 17 (Reuters) - Italy would like a political decision made to create an EU maritime security mission for the Red Sea by next week so that it can…

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Qatar pauses Red Sea tankers after Western strikes on Houthis

One of world's largest LNG exporters stops Red Sea route U.S., Britain target Houthis in Red Sea spillover from Gaza war 'Let's wait and see,' says UK of more potential…

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US says it shot down anti-ship cruise missile from Houthi-controlled areas

WASHINGTON, Jan 14 (Reuters) - U.S. fighter aircraft on Sunday shot down an anti-ship cruise missile fired from Houthi militant areas of Yemen toward a U.S. destroyer operating in the…

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Red Sea crisis: expert unpacks Houthi attacks and other security threats

Recent attacks on commercial vessels by Houthi militia in the Red Sea have put the vital shipping region in the spotlight. The rebels, based in Yemen, claim to be targeting…

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UPDATED: US launches fresh air strike on Houthi target in Yemen

WASHINGTON/ADEN, Jan 13 (Reuters) - The United States carried out an additional strike against Yemen's Houthi forces on Friday, after President Joe Biden's administration vowed to protect shipping in the…

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Houthis mistakenly target tanker carrying Russian oil – Ambrey report

Houthi militants mistakenly targeted a tanker carrying Russian oil in a missile attack on Friday off Yemen, British maritime security firm Ambrey said. The United Kingdom Maritime Trade Operations (UKMTO)…

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UPDATED: Combined Maritime Forces warn ships to avoid Bab al-Mandab Strait – Intertanko

LONDON, Jan 12 (Reuters) - The Combined Maritime Forces (CMF) has warned all ships to "stay well away from Bab al-Mandab", tanker body Intertanko said in a note circulated to…

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US, Britain carry out strikes against Houthis in Yemen, officials say

US, Britain says attacks hit Houthi ability to attack ships Australia, Bahrain, Canada and Netherlands provide support US says no intent to escalate tensions Houthis have attacked 27 ships in…

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Red Sea attacks: retailers rush to avoid delays to spring collections

By Siddharth Cavale and Helen Reid NEW YORK/LONDON, Jan 10 (Reuters) - Retailers worldwide are stocking up on goods before China's Lunar New Year holiday and seeking air or rail…

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Global trade drops 1.3% on Red Sea attacks – IfW Kiel institute

BERLIN, Jan 11 (Reuters) - Global trade declined by 1.3% from November to December 2023 as militant attacks on merchant vessels in the Red Sea led to a plunge in…

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Cyprus chamber sees significant impact from Houthis on shipping

NICOSIA, Jan 11 (Reuters) - Sustained attacks by Yemen's Houthis on vessels using Red Sea shipping lanes could have a "substantial" impact on economies and a knock-on effect on prices,…

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Maersk reroutes Red Sea container ships back to Suez Canal

Denmark's Maersk said on Thursday it has rerouted four out of five container vessels that were stuck in the Red Sea back towards the Suez Canal and the long journey around Africa…

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Ocean cargo rates climb after new Red Sea ship attacks

By Lisa Baertlein LOS ANGELES, (Reuters) - Ocean freight rates are surging after a missile attack and attempted hijacking of a Maersk ship this weekend prompted carriers to suspend plans…

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Malta-flagged container ship reported seeing 3 explosions towards its port quarter off Yemen -Ambrey

CAIRO, (Reuters) - British maritime security firm Ambrey said that a Malta-flagged container ship reported seeing three explosions towards its port quarter, 15 miles (24 km) southwest of Yemen's Mocha.…

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Red Sea shipping workarounds add costs, delays for suppliers, retailers

By Lisa Baertlein LOS ANGELES, (Reuters) - Toymaker Basic Fun's team that oversees ocean shipments of Tonka trucks and Care Bears for Walmart and other retailers is racing to reroute…

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Global 2024 staple food supplies to be strained by dry weather, export curbs

High food prices in recent years have prompted farmers worldwide to plant more cereals and oilseeds, but consumers are set to face tighter supplies well into 2024, amid adverse El Nino weather,…

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How companies are responding to attacks on ships in the Red Sea

Dec 21 (Reuters) - Attacks on vessels by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shipping route between Europe and Asia. The attacks, targeting a…

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Greece advises vessels to avoid Yemeni waters after Red Sea attacks

ATHENS, Dec 20 (Reuters) - Greece has advised commercial vessels sailing in the Red Sea and the Gulf of Aden to avoid Yemeni waters, keep only the necessary crew on…

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Shipping firms avoid Red Sea as Houthi attacks increase

(Reuters) - Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for Palestinian Islamist group Hamas fighting Israel in Gaza.…

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UK shoots down suspected drone targeting commercial shipping in Red Sea

LONDON, Dec 16 (Reuters) - British defence minister Grant Shapps said on Saturday that a navy ship HMS Diamond shot down a suspected attack drone targeting merchant shipping in the…

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Shipping industry urges caution on use of armed guards on Red Sea vessels

By Jonathan Saul Shipping companies should use caution when deploying private armed guards onboard vessels sailing through the Red Sea and Gulf of Aden because of the risk of escalation…

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UN ship agency adopts tougher resolution to tackle illicit ‘shadow’ fleet

By Jonathan Saul LONDON, (Reuters) - The United Nations' shipping agency adopted a resolution targeting illicit shipping practices from the so-called unregulated "shadow fleet" in an effort to clamp down…

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Maersk to cut 10,000 jobs, sees weaker profit as shipping demand wanes

Shipping group A.P. Moller-Maersk on Friday reported a steep drop in profit and revenue in the third-quarter, and said it would cut 10,000 jobs as it battles with lower freight…

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World’s ghost fleet in focus over US Russian price cap crackdown

By Robert Harvey and Natalie Grover LONDON, (Reuters) - U.S. penalties on shippers transporting Russian oil in breach of the G7's price cap could push more Russian cargoes onto vessels…

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Turkish ship not damaged in Black Sea explosion – maritime authority

ISTANBUL, Oct 6 (Reuters) - A Turkish-flagged general cargo ship that was sailing on Thursday in the Black Sea en route to Ukraine's Izmail port did not sustain damage from…

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Maritime industry explores nuclear power for ships as technology opens up

By Jonathan Saul Pressure growing on shipping sector to decarbonise faster Nuclear fuel options being seen as cleanest solution Any nuclear solutions seen at least 10 years away LONDON (Reuters)…

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Shipping could face shortage of carbon-neutral fuel by 2030, DNV says

OSLO, (Reuters) - An expected shortfall in the availability of carbon-neutral fuel means the shipping industry should widen its scope to include onboard carbon capture and nuclear options, Norwegian ship…

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Top global ports may be unusable by 2050 without more climate action – report

By Jonathan Saul LONDON, Sept 8 (Reuters) - Some of the world's largest ports may be unusable by 2050 as rising sea levels hit operations, and efforts to speed up…

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Burning car carrier off Dutch coast being towed away from shipping lanes

AMSTERDAM, July 31 (Reuters) - A burning car carrier off the Dutch coast is being towed to a new location away from shipping routes as part of a difficult operation…

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Ocean shippers playing catch up to electric vehicle fire risk

By Lisa Baertlein and Anthony Deutsch LOS ANGELES/AMSTERDAM, (Reuters) - Electric vehicles are crisscrossing the globe to reach their eager buyers, but the battery technology involved in the zero- emission…

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Carrier ablaze off Dutch coast carrying almost 500 electric cars

AMSTERDAM, July 28 (Reuters) - The car carrier burning off the Dutch coast since Tuesday night is carrying nearly 500 electric vehicles, ship charter company "K" Line said on Friday,…

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Why the shipping industry’s increased climate ambition spells the end for its fossil fuel use

A revised strategy to reduce global shipping emissions has emerged from two weeks of intense talks in London. It marks a significant increase in the industry’s climate ambition. The revised…

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Express Trailers Invests in New Structure for Ħal Far Bonds Section

Increased activity at Express Trailers’ bond depot in Ħal Far which consists of warehouses and an unloading area where all imports arriving in Malta are sorted for delivery, has led…

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UN ship agency chief urges decisive action at environment talks

Countries must take decisive action at talks aimed at accelerating decarbonisation in the shipping industry, the United Nations' shipping agency chief said on Monday, as pressure for change builds. Shipping,…

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US, UK, others seek to target illicit oil shipping transfers at sea

LONDON, May 18 (Reuters) - The U.S., UK, Denmark and other countries have called for more action, including increased surveillance, over the booming practice of unregulated oil transfers at sea,…

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