Shipping
Islamic regime launches Persian Gulf Strait Authority, ships reportedly start paying tolls
Ships transiting the Strait of Hormuz now face tolls and strict Iranian oversight as Tehran launches the Persian Gulf Strait Authority, with JPMorgan forecasting 11‑figure annual revenue from tolls.
Shippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order
CS Anthem chemical tanker was second US-flagged vessel to exit Strait of Hormuz
European freight firms benefit from war-driven supply chain disruption
US officials say strikes are diminishing Houthi capacity, after Biden comments earn scrutiny
White House National Security spokesman John Kirby said the US is taking away the Houthis' capability with "each and every strike."
Two diverted oil tankers enter Red Sea but disruptions continue
Reuters has tracked at least 22 other oil tankers to have diverted or paused since last Friday's warning from the US-led Combined Maritime Forces (CMF) in Bahrain.
Will Houthi attacks in Red Sea disrupt nascent peace process in Yemen?
Although the warring sides agreed to a draft peace roadmap to end Yemen's civil war, Houthi attacks on ships in the Red Sea and US-UK airstrikes have analysts asking if the peace plan will go ahead.
Yemen's Houthis say UN resolution on navigation on the Red Sea is 'political game'
The UN Security Council on Wednesday demanded Yemen's Houthis immediately end attacks on ships in the Red Sea.
UN Security Council demands Houthis halt Red Sea attacks
"The threat to navigational rights and freedoms in the Red Sea is a global challenge that necessitates a global response," US Ambassador Linda Thomas-Greenfield said.
UK deploys new ship to the Red Sea to combat Houthi attacks
Shapps warned that “The Houthis will bear (the) responsibility of the consequences should they ignore these warnings.”
Oil tankers continue Red Sea movements despite Houthi attacks - analysis
"We haven't really seen the interruption to tanker traffic that everyone was expecting," said Michelle Wiese Bockmann, a shipping analyst at Lloyd's List.
Logistics ‘tinder’ offers alternative for cargo to bypass Houthi threat
Trucknet, an Israeli company, created a land bridge that offers a faster and currently safer alternative for cargo to cross from the Gulf into the Mediterranean.
Shipping firms react to Houthi attacks in the Red Sea
Reactions from shipping companies indicate that the majority are rerouting away from the Red Sea.
UK, US planning strikes as 10 Houthis killed in Red Sea
The Houthis warned that the US 'bears the consequences' of the deaths of the ten militants.
