Houthi Leader Vows to Escalate Attacks on Merchant Shipping
The leader of Yemen's Houthis, Abdul Malik al-Houthi, said on Thursday the group would target ships of any company related to supplying or transporting goods to Israel regardless of their destination.He said this was a fourth stage of escalation in retaliation to "the Israeli aggression on Rafah" in the southern Gaza Strip."From now on, we are also thinking about the fifth stage and the sixth stage, and we have very important, sensitive and influential choices on the enemies," he added.Months of Houthi attacks in the Red Sea have disrupted global shipping, forcing firms to re-route to longer a
US Completes Pier to Deliver Aid for Gaza
Aid for Gaza was being loaded onto a ship in Cyprus on Wednesday in what was expected to be the first cargo to be delivered using a U.S. pier built to expedite supplies to the besieged enclave.Containers were being stacked on the U.S. flagged Sagamore, docked at the port of Larnaca, on Wednesday. Some containers to the ship were labelled as aid from the United Arab Emirates.Konstantinos Letymbiotis, a Cyprus government spokesperson, said a U.S jetty built to handle aid shipments to Gaza had been completed."We are completing the loading of aid onto a U.S.
Escalated Middle East Conflict Could Hike Oil Price to $150/barrel, Bloomberg Finds
So far, the Israel-Hamas conflict has had limited impact on the global economy. However, an escalation to a direct war between Israel and Iran, could result in oil prices rising to $150 a barrel and global output cut by $1 trillion, according to a new analysis by Bloomberg Intelligence (BI) and Bloomberg Economics (BE).The new study from BI and BE – Middle East Energy Scenarios – looks in detail at four broad scenarios and their potential impact on global GDP and inflation, from a sustained ceasefire to a confined conflict…
Bad Weather Forces US Military to Pause Gaza Pier Construction
The U.S. military said on Friday it was temporarily pausing the offshore construction of a maritime pier because of weather conditions and instead would continue building it at the Israeli port of Ashdod.The maritime pier, once built, will be placed off the coast of Gaza in a bid to speed the flow of humanitarian aid into the enclave."Forecasted high winds and high sea swells caused unsafe conditions for soldiers working on the surface of the partially constructed pier," the U.S.
Houthis Say They Will Target Ships Heading for Israel Anywhere within Range
Yemen's Houthis will target ships heading to Israeli ports in any area that is within their range, military spokesman Yahya Sarea said in a televised speech on Friday."We will target any ships heading to Israeli ports in the Mediterranean Sea in any area we are able to reach," he said.The Iran-aligned Houthi militants have launched repeated drone and missile strikes on ships in the crucial shipping channels of the Red Sea, the Bab al-Mandab strait and the Gulf of Aden since November to show their support for the Palestinians in the Gaza war.This has forced shippers to re-route cargo to longer
Iran Says Crew of Israel-Linked Ship Freed
Iran has released the crew of a seized Portuguese-flagged ship linked to Israel, but remains in control of the vessel itself, Foreign Minister Hossein Amirabdollahian said.Iran's Revolutionary Guards seized the container ship MSC Aries, with a crew of 25, in the Strait of Hormuz on April 13, days after Tehran vowed to retaliate for a suspected Israeli strike on its consulate in Damascus. Iran had said it could close the crucial shipping route.“The seized ship, which turned off its radar in Iran's territorial waters and jeopardized the security of navigation…
BAE Systems Wins $87 Million Contract to Upgrade USS Carter Hall
The U.S. Navy has awarded BAE Systems a contract worth more than $87 million for repair work aboard the dock landing ship USS Carter Hall (LSD 50).The nearly 30-year-old vessel will undergo a year of restorative work at BAE Systems’ shipyard in Norfolk, Va., which is also the ship’s homeport. The company said it will begin working aboard the 610-foot-long ship in July 2024, performing a combination of maintenance and preservation work on the ship’s hull, its internal fuel and ballast tanks and the engineering plant.
Improved Rates for Larger Vessels Lifts Baltic Dry Index
The Baltic Exchange's dry bulk sea freight index edged up on Wednesday, buoyed by an uptick in capesize and panamax vessel rates.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, ticked up to 1,683.The capesize index gained 16 points, or 0.8% to 2,116.
Houthis Attack Four Ships in Indian Ocean, Red Sea
Yemen's Houthis said on Tuesday they targeted the MSC Orion container ship in a drone attack in the Indian Ocean as part of their ongoing campaign against international shipping in solidarity with Palestinians against Israel's military actions in Gaza.MSC Orion was sailing between the ports in Sines, Portugal and Salalah, Oman, according to LSEG data.Reuters found conflicting information about the registered owner of the MSC Orion. According to LSEG and other data providers, the ship is owned by Zodiac Maritime…
Concerns Voiced over Potential Restart of New Zealand’s Live Export Industry
The New Zealand government may restart the live export trade which has been banned since May 1, 2023.The ban was imposed in response to veterinarians, animal welfare advocates and the New Zealand public decrying conditions and outcomes for the animals. There have also been multiple disasters for the industry.Animal welfare group SPCA says politicians claiming to be champions of farming and business do not have the support of all farmers or a business case for it.“Government would have the public believe that any opposition to their plan is anti-farming…
Italy Thwarts Houthi Drone Attack in the Red Sea
An Italian navy ship shot down a drone fired by Yemen's Houthi rebels and targeting a European cargo, the Italian defense ministry said in a statement on Monday.The drone was intercepted "in the late morning" near the Bab-el-Mandeb strait at the southern end of the Red Sea, the ministry said.It was flying toward the cargo ship and taken down while it was 5 kilometers (3.11 miles) away.
US Military's Pier in Gaza to Cost $320 Million
The U.S. military's cost estimate to build a pier off Gaza to deliver humanitarian aid has risen to $320 million, a U.S. defense official and a source familiar with the matter told Reuters.The figure, which has not been previously reported, illustrates the massive scale of a construction effort that the Pentagon has said involves about 1,000 U.S. service members, mostly from the Army and Navy.Still, the cost has roughly doubled from initial estimates earlier this year, according to a person familiar with the matter."The cost has not just risen.
Houthis Claim Attacks Against Two Vessels, Two US Destroyers
Yemen's Houthis targeted two U.S. destroyers and the vessel Cyclades in the Red Sea as well as the MSC Orion in the Indian Ocean, the Iran-aligned group's military spokesman Yahya Sarea said in a televised speech early on Tuesday.Houthi forces have staged attacks on shipping lanes for months in solidarity with Palestinians fighting Israel in the Gaza war.(Reuters - Reporting by Enas Alashray and Hatem Maher; Editing by Leslie Adler)
Explosion Damages Containership as Attacks Pick Up in the Red Sea
A vessel that reported on Monday an explosion in its proximity, 54 nautical miles northwest of Yemen's Mokha, has sustained damage but the ship and crew are safe and proceeding to next port of call, the United Kingdom Maritime Trade Operations (UKMTO) agency said.British maritime security firm Ambrey has said that a Malta-flagged container ship in the same location was reportedly targeted with three missiles while on route from Djibouti to the Saudi city of Jeddah.Iran-backed Houthi militants have repeatedly launched drones and missiles against international commercial shipping in the Red Sea
Container Ship Reportedly Targeted with Missiles Near Yemen's Mokha
A Malta-flagged container ship was reportedly targeted with three missiles while on route from Djibouti to the Saudi city of Jeddah, British maritime security firm Ambrey said on Monday.The United Kingdom Maritime Trade Operations (UKMTO) agency said it was informed by the Company Security Officer of an explosion in close proximity to a merchant vessel.UKMTO added that the vessel and its crew were safe and authorities are investigating the incident.Iran-backed Houthi militants have repeatedly launched drones and missiles against international commercial shipping in the Red Sea region since mid
Iran Says Crew of MSC Aries to be Released
Iran’s foreign minister said the crew of a seized Portuguese-flagged ship linked to Israel have been granted consular access and are expected to be freed, Iranian media reported on Saturday.Iran's Revolutionary Guards seized the container vessel MSC Aries with a crew of 25 in the Strait of Hormuz on April 13, days after Tehran vowed to retaliate for a suspected Israeli strike on its consulate in Damascus. Iran had said it could close the crucial shipping route.Recent attacks on merchant shipping in the Red Sea and the Gulf of Aden by Yemen's Iran-aligned Houthis…
Gaza Aid Flotilla Halted After Vessels’ Flag Removed
A humanitarian aid flotilla destined for Gaza was halted after Guinea Bissau decided to remove its flag from two vessels, activist group Freedom Flotilla Coalition said on Saturday."The Guinea-Bissau International Ships Registry (GBISR), in a blatantly political move, informed the Freedom Flotilla Coalition that it had withdrawn the Guinea Bissau flag from two of the Freedom Flotilla's ships, one of which is our cargo ship," the activists said.The three-strong flotilla had been due to sail on Friday from ports in Turkey with more than 5…
US Military Starts Pier Construction off Gaza
U.S. troops have begun construction of a maritime pier off the coast of Gaza that aims to speed the flow of humanitarian aid into the enclave when it becomes operational in May, the Pentagon said on Thursday.President Joe Biden announced the pier in March as aid officials implored Israel to ease access for relief supplies into Gaza over land routes. Whether the pier will ultimately succeed in boosting humanitarian aid is unclear, as international officials warn of the risk of…
Ships Urged to Stay Vigilant in Gulf, Western Indian Ocean
British security firm Ambrey said on Friday merchant vessels transiting the Gulf and Western Indian Ocean were advised to stay alert in case of increased uncrewed aerial vehicle (UAV) activity in the region.Ambrey said it had received information that indicated an "Israeli military strike" was conducted on Isfahan, Iran.Earlier, the United Kingdom Maritime Trade Operations (UKMTO) agency said it had seen similar reports but that there were no indications commercial maritime vessels…
Merchant Ship, Crew Reported Safe After Incident off Djibouti
The United Kingdom Maritime Trade Operations (UKMTO) agency said on Wednesday that a merchant vessel and its crew were reported safe after an incident 72 nautical miles east southeast off the port of Djibouti.UKMTO said in an updated advisory note that the master of the vessel had reported an explosion in the water a distance from the vessel."Vessels are advised to transit with caution and report any suspicious activity," the note said.Yemen's Iran-aligned Houthis have been attacking ships in the Red Sea region since November in what they say is a campaign of solidarity with Palestinians fight
Houthis Target Two American Ships
A coalition vessel successfully engaged one anti-ship ballistic missile (ASBM) launched from the Iranian-backed Houthi "terrorist-controlled areas" in Yemen over the Gulf of Aden, the U.S. Central Command (USCENTCOM) said on Thursday.The ASBM was likely targeting the MV Yorktown, a U.S.-flagged, owned, and operated vessel with 18 U.S. and four Greek crew members, USCENTCOM said in a statement."There were no injuries or damage reported by U.S., coalition, or commercial ships," it added.Separately…
Britain Says Its Navy Shot Down Houthi Missile Targeting Merchant Ship
The U.K. on Thursday said its Royal Navy had shot down a missile fired by the Iran-backed Houthis from Yemen targeting a merchant vessel in the Gulf of Aden."The UK continues to be at the forefront of the international response to the Iranian-backed Houthis’ dangerous attacks on commercial vessels, which have claimed the lives of international mariners," British Defense Secretary Grant Shapps said in a statementThe crew of the Royal Navy warship HMS Diamond used a Sea Viper missile system to shoot down the missile…
Houthis Target MSC Ship in Gulf of Aden
Yemen's Houthis said they targeted the MSC Darwin ship in the Gulf of Aden on Thursday, as the Iran-aligned group resumed attacks on commercial ships in the Red Sea region in solidarity with Palestinians fighting Israel in the Gaza war.The Houthis also fired a number of ballistic and winged missiles at several targets in Israel's port city of Eilat, the group's military spokesman Yahya Sarea said in a televised speech on Thursday.The Liberian-flagged MSC Darwin VI ship was in the area of the attack…