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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

 

Latest News & Analysis

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

Red Sea Risk Piracy and Security

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

Containers Political Risk and Trade

Vessel followed by armed persons in Gulf of Aden

The vessel is proceeding to the next port of call and all crew are safe

Red Sea Risk Piracy and Security

H&M underwriters may start losing money in second half, Gallagher warns

Return to unprofitability not in owners’ long-term interests, broker said

Insurance Red Sea Risk

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

Red Sea Risk Week in Charts

Leading Greek shipowners are sanguine on tariff impact

  • Delphi Economic Forum hears that fallout for Greek shipping from US-provoked trade war should not be too severe
  • Potential US port penalties on China-linked ships may be passed on to charterers, says Panos Laskaridis
  • Despite uncertainties, Simos Palios of Diana Shipping sees Greek share of world fleet increasing rather than faltering
  • Sanctions Red Sea Risk

    Clearer rights to pull vessels from war zones under updated BIMCO clauses

    VOYWAR and CONWARTIME 2025 iterations balance interests of owners and charterers

    Ukraine crisis Red Sea Risk

    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’

    Red Sea Risk Sanctions
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