Salvors boarded the stricken tanker in September once it was finally towed to safety more than three weeks after it was first attacked

Houthis ended a month-long lull in attacks by targeting what they erroneously describe as a ‘British oil ship’. The haphazard targeting has further fuelled fears that rumoured Russian missiles could be about to increase the risk for ships beyond the Red Sea

Carriers’ dual east-west trade offerings for 2025 show Jeddah and King Abdullah as the ports that stand to lose the most from sustained rerouting around the Cape of Good Hope

The Joint Industry Security Group of shipping industry associations has released ‘industry transit advice’ on Red Sea transits. No Houthi attacks have been reported to the UKMTO during the past two weeks, although the militants attempted to strike central Israel in the early hours of Friday

BIMCO expects weaker containership demand in 2025 due to falling cargo volumes; however, its outlook differs, depending on the duration of Red Sea avoidance

A 14,895 dwt combined chemical and oil tanker has moored at the port of Hodeidah, the first vessel set to discharge at the Houthi-controlled port since Israeli air strikes destroyed much of the its fuel storage infrastructure in July

A UAV that was launched from Iraq exploded in Israel’s Eilat port, causing light injuries to two individuals, local media reported. Another drone that was launched at the Red Sea city was intercepted

Poor refinery margins, falling oil demand in China and contracting global consumption of diesel and gasoil have added to supplies and eroded all rate gains from Red Sea diversions for medium-range tankers in the Pacific