Middle East
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Red Sea naval forces struggle to contain Houthi attacks
The futility of 22 naval ships trying to patrol 2,200 km of Yemeni coastline were once again exposed yesterday with…
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Red Sea shipping crisis stops UN from completing FSO Safer operation
One of the side effects of the ongoing Red Sea shipping crisis has been the suspension of the dismantling of…
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Iranian boxship converted into drone carrier readies for duty
To add to merchant shipping’s long list of concerns surrounding the security situation in the Middle East, Iran is readying…
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BGN returns to Hyundai shipyard to raise VLGC wager
BGN is increasing its wager on LPG/ammonia trades by signing up for two out of a series of about 15…
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Covid revisited: Empty container concerns grow as Red Sea shipping crisis drags on
The Houthis traded fire with fire once again yesterday, claiming they had carried out a strike on an American navy…
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Maridive’s Emirati unit lines up $40m asset sale to settle debt
Egyptian OSV player Maridive has announced that its Emirati unit, Ocean Marine UAE, is finalising a deal to sell a…
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Cape diversions see shipping emissions soar
The extraordinary redrawing of the seaborne trading map between Asia and Europe over the past couple of months since the…
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‘We need a convoy system past Yemen. Now’
Andrew Craig-Bennett knows how best to resuscitate Suez traffic. A lady I know has reminded me that the best way…
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Australia recalls livestock carrier
Livestock carrier that departed Fremantle in early January for Aqaba, Jordan, has been instructed to return to Australia by the…
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Appeal launched over fears for crews embroiled in Red Sea shipping crisis
Sailors’ Society has launched an urgent crisis appeal following mounting concern over attacks on ships in the Red Sea. The…
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Biden: Air strikes are not deterring Houthis
The president of the world’s most powerful nation has conceded his nation’s military efforts to make navigation safe again in…
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US sanctions Emirati tanker owner for violating Russian oil price cap
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on a United Arab Emirates-based…
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Bahri takes two methanol-fuelled tankers on five-year charter
Saudi Arabia’s flagship carrier Bahri has penned a long-term deal with Swiss methanol producer and tanker owner Proman to charter…
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Exclusive data reveals Suez diversions by shipping segment
A US-listed bulk carrier was hit yesterday by the Houthis in the Gulf of Aden with the American military replying…
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Red Sea exodus in full flow
The Red Sea exodus is gaining traction in multiple sectors with Egypt coming to terms with the fact that it…
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Atlantic Navigation buys accommodation vessel
Singapore-listed OSV player Atlantic Navigation has snapped up an accommodation work boat for $11m. The 2016-built , Equasis lists under…
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Greek bulker comes under fire off Yemen
Attacks continue to mount in the Red Sea, with the latest victim being the Greek-owned bulk carrier . The Maltese-flagged…
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Eagle Bulk attack highlights how Houthis are widening their targets
More shipping companies are shunning the Suez Canal as fears grow that the Houthis are widening their targets. , a…
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Eagle Bulk ship hit by missile off Yemen
A bulk carrier owned by US-based Eagle Bulk Shipping has been struck by a missile in the Gulf of Aden.…
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Houthis defiant despite repeated strikes on Yemeni bases
The Middle East remains a dangerous, red-hot cauldron for merchant shipping with many actors from various shorelines impinging on the…
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