Red Sea Risk
As attacks on commercial shipping to continue in the Red Sea, Lloyd's List offers the latest insight, analysis and commentary on how the crisis is impacting shipping markets and global trade
Houthi’s key port for fuel imports destroyed, says Centcom
US Central Command said on Thursday that it has destroyed the Houthi-controlled port of Ras Isa, a critical hub for the Yemeni faction’s imports of energy commodities
Boxship chartering at crossroads, awaiting Trump policy fallout
Tariffs on China imposed by US President Donald Trump will reduce vessel demand, a negative for containership charter rates. The Trump administration’s pending decision on US port fees will further distort the charter market
Vessel followed by armed persons in Gulf of Aden
The vessel is proceeding to the next port of call and all crew are safe
H&M underwriters may start losing money in second half, Gallagher warns
Return to unprofitability not in owners’ long-term interests, broker said
The week in charts: Red Sea transits jump | Shadow tankers contribute to big rise in first-quarter recycling | Sanctions and discounts fuel flurry of deceptive tactics
Collapse of ceasefire has not deterred owners and operators from Red Sea returns; steeply discounted Russian and Iranian barrels are increasingly competing for ship-to-ship priority as they enter Chinese market; total recycling volumes, measured by gross tonnage, almost doubled in the first quarter
Leading Greek shipowners are sanguine on tariff impact
Clearer rights to pull vessels from war zones under updated BIMCO clauses
VOYWAR and CONWARTIME 2025 iterations balance interests of owners and charterers
US warns against Houthi oil shipments as Yemeni faction unveils its ‘sanctions regulations’
The US is warning entities and nations from running afoul of its tightened sanctions against the Houthis. Meanwhile, the Yemeni faction has announced new sanctions that could see countries face ‘restrictions on maritime transportation’ for a broad array of actions perceived as supporting ‘the usurping Zionist entity’
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