Tanker has been burning since Houthi attack one month ago

Salvage team will also have to patch up damage caused by Houthi explosive charges

‘You email the Houthis and get the message they’re not going to shoot your ship. Do you trust that message?’ asks VDR chief executive rhetorically

Naval forces and salvors have completed a critical step in the complex task of avoiding a catastrophic oil spill from the burning oil tanker Sounion. The vessel has been towed to a ‘safe area’ without any oil spills, Eunavfor Aspides said on Monday

China United Lines’ encore in the Red Sea highlights the advantages Chinese ships hold in the region owing to geopolitics. It also reflects the broader evolution of the shipping market against a backdrop of escalating disruption in different parts of the world and the rise of new players ready to take advantage when uncertainty upends more established competitors

As efforts resume to remove a blazing oil tanker that has been stuck in the Red Sea for more than three weeks after it was attacked by Houthi militants, salvage experts have warned that the operation is shaping up to be one of the most complex in recent history and could take several weeks

ONE previously made clear it was monitoring the situation in the Red Sea. This marks its official announcement of the rotations and routings it will put into effect via the Cape of Good Hope 

The length of time that the Red Sea crisis will keep holding back a wave of overcapacity in container shipping is a contested issue. However, some in the debate argue the crisis will have a longer tail than many observers believe