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Piracy & Security

Stay informed with the latest news, analysis and market insight on the piracy and security threats impacting the shipping industry; be proactive in adapting your organisation to meet new requirements and identify risks to your business model through our expert coverage

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Houthis deploy new weapons to secure first direct hit in Indian Ocean

UPDATE: Analysis of a video circulated by Houthi following the attack suggest that a Shehab drone may have been used against MSC Orion, suggesting that significantly more accurate weapons with a range of up to 1,600 km are now being used to target ships

Red Sea Risk Risk and Compliance

Vessel Protect ups limits for hull and cargo war risk

Move comes after Howden’s recent launch of cargo facility for Red Sea

Red Sea Risk Insurance

Bulker hit by Houthis called in port controlled by the militants earlier this month

Eastmed-managed Cyclades sustained damage from a Houthi attack, UKMTO said. The militants confirmed targeting the vessel — which called in the Houthi-controlled port of Saleef in mid-April — and also claimed to have hit an MSC boxship and US naval assets

Red Sea Risk Dry Bulk

Red Sea traffic stable at new ‘normal’ despite spate of attacks

Those not willing to accept the risk of a Houthi attack have diverted and those that remain are likely going to continue sailing the shipping lanes off Yemen regardless of how the situation develops based on behaviour to date

Red Sea Risk Piracy and Security

From Crimea to Iran: two more ships join Russia’s grain-smuggling fleet

Following last year’s joint investigation with Lloyd’s List on Russia’s evolving tactics to export grain from occupied Ukraine, Bellingcat uncovers two more bulkers flying the Russian flag that have joined the grain-plundering fleet out of the Russia-occupied port of Sevastopol

Ukraine crisis Dry Bulk

Maersk boxship likely target of Red Sea attack

After a two-week lull in activity, Iran-backed militant group the Houthis have launched several attacks at shipping in the Red Sea over the past 24 hours

Red Sea Risk Containers

Vessel reports explosion in the Red Sea

UKMTO reported the incident in the Red Sea on the morning of April 24, which comes after a significant quiet period for attacks in the region

Red Sea Risk Political Risk and Trade

Red Sea diversions weigh on cargo volumes and revenue at Höegh Autoliners

Fifth-biggest vehicle carrier operator reports a 14% drop in quarterly revenues because of longer Red Sea diversions. Nevertheless, spot freight rates are being maintained at record levels and Höegh Autoliners should gain from an uplift in pricing from upcoming contract renewals with its major shippers

Risk and Compliance Roro

Houthis poised to ramp up Red Sea attacks following recent lull

Whether naval operations have degraded Houthi capabilities or the Iran-backed militants were simply regrouping, the latest warnings suggest that a resurgence of attacks targeting vessels in the Red Sea is imminent

Red Sea Risk Piracy and Security

Iran defends MSC Aries hijack as ‘technical issue’ at IMO meeting

More than 30 countries condemn Iran’s seizure of containership on April 13 and deadly attacks on international shipping in the Red Sea by Iran-backed Houthis

Red Sea Risk Piracy and Security

Week in charts: Where do Russia’s blacklisted ships trade? | Gulf crisis not affecting container rates | No increase in Chinese or Russian ships transiting Bab el Mandeb

Data reveals where Russian vessels are trading despite sanctions, plus analysis on how the current crisis in the Middle East is affecting shipping’s financial outlook

Week in Charts Tankers and Gas

Warnings issued to vessels as Israel strikes Iran

Latest escalation in conflict between Iran and Israel has increased tension for shipping in the Middle East

Containers Political Risk and Trade
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