Keyword "SEAFT" - List of latest news (365 results)

22/04 Vietnam clamps down on fraud on US exports, document shows

Vietnam's trade ministry has issued a directive to crack down on illegal transhipment of goods to the United States and other trading partners as it tries to avoid steep U.S. tariffs, according to a document reviewed by Reuters.

19/04 China shipbuilders rip Trump's 'short-sighted' US port fees

China's shipbuilders on Saturday blasted as "short-sighted" U.S. port fees announced by President Donald Trump's administration on China-linked ships, a measure aimed at the nation's shipbuilding industry.

17/04 Global shippers await word on US plan to hit China-linked vessels with port fees 

The U.S. Trade Representative's office will announce its plan on Thursday for levying port fees on China-linked ships as part of President Donald Trump's effort to revive domestic shipbuilding and counter China's dominance on the high seas.

17/04 Cambodia eyes more China help as Xi visits amid US tariff tensions

Cambodia is betting on more financial support from China, including for infrastructure, as President Xi Jinping visits the country on Thursday at the end of a three-nation trip in Southeast Asia, a Cambodian government spokesman said.

11/04 In a first, Taiwan charges Chinese ship captain with damaging undersea cables

Taiwan prosecutors on Friday for the first time charged a Chinese ship captain with intentionally damaging undersea cables off the island in February, after a rise in sea cable malfunctions alarmed Taiwan officials amid tensions with China.

11/04 Exclusive: Facing Trump tariffs, Vietnam eyes crackdown on some China trade

In hope of avoiding punishing U.S. tariffs, Vietnam is prepared to crack down on Chinese goods being shipped to the United States via its territory and will tighten controls on sensitive exports to China, according to a person familiar with the matter and a government document seen by Reuters.

09/04 US recognizes Panama's sovereignty over canal, Panama says after talks

Panama said on Wednesday the United States recognized its sovereignty over the Panama Canal, despite tough rhetoric from Washington, as the two nations announced agreements to deepen U.S. military training in the Central American nation.

05/04 Amazon shipping route for Brazilian soy disrupted by protests, poor roads

Indigenous protests and poor roads have disrupted shipping of Brazil's bumper soybean crop in recent days via the river port of Miritituba in the Amazon rainforest, worrying global companies including Cargill and Bunge which have important operations.

04/04 US Defense Secretary Hegseth to visit Panama next week

U.S. Defense Secretary Pete Hegseth will travel early next week to Panama where he will participate in an annual Central American security conference, the Pentagon said on Friday.

02/04 Trump's reciprocal tariff plan amplifies risk of ocean shipping chaos, executives say

U.S. President Donald Trump's new tariff plan has the ocean shipping industry on edge as he stokes a trade war destined to stanch transport demand and send companies scrambling to manage the fallout.

01/04 Egypt's Sisi, Trump discuss regional mediation efforts in phone call

Egyptian President Abdel Fattah al-Sisi and U.S. President Donald Trump discussed mediation efforts to restore regional calm which would have a positive impact on Red Sea navigation and end economic losses for all parties, the Egyptian presidency said on Tuesday.

25/03 Trump's port fees on Chinese ships threaten US maritime industry, say executives

President Donald Trump's plan to revitalize the U.S. shipbuilding industry is likely to backfire because it relies on proposed fees on China-linked vessels that will hurt domestic ship operators, seaports, exporters and jobs, industry executives said at U.S. Trade Representative hearings on Monday.

20/03 Exclusive: Proposed US port fees on China-built ships begin choking coal, agriculture exports

President Donald Trump's plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell and stoking uncertainty in the embattled agriculture market, as exporters struggle to find ships to send goods abroad.

11/03 Tanker hired by US military ablaze off UK after hit by container ship

A tanker carrying jet fuel for the U.S. military was hit by a container ship off northeast England on Monday, with the collision igniting a blaze on both vessels, causing multiple explosions and forcing both crews to abandon ship.

08/03 Trump's shipbuilding plan could upend ocean cargo industry, companies warn

The levies could hit virtually every ship calling at U.S. ports, foist up to $30 billion of annual costs on American consumers and double the cost of shipping U.S. exports,

07/03 Exclusive: US to levy fees on China-linked ships, push allies to do likewise, draft executive order says

The United States is planning to charge fees for docking at U.S. ports on any ship that is part of a fleet that includes Chinese-built or Chinese-flagged vessels and will push allies to act similarly or face retaliation, a draft executive order stated.

06/03 Exclusive: US mulls plan to disrupt Iran's oil by halting vessels at sea

President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction, sources familiar with the matter told Reuters.

06/03 Shipping firms pull back from Hong Kong to skirt US-China risks

Some shipping companies are discreetly moving operations out of Hong Kong and taking vessels off its flag registry. Others are making contingency plans to do so.

05/03 Trump hails 'reclaiming' of Panama canal after BlackRock-led group's deal to buy stake

U.S. President Donald Trump has hailed a deal led by U.S. firm BlackRock to buy most of the $22.8 billion ports business of Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.

04/03 Hong Kong firm to sell Panama Canal stake to BlackRock-backed group amid Trump pressure

Hong Kong's CK Hutchison on Tuesday agreed to sell its interests in a key Panama Canal port operator to a BlackRock Inc-backed consortium, following intense pressure from U.S. President Donald Trump to curb China's influence in the region.

03/03 Trump trade threats compound global ocean shipping uncertainty

The global ocean shipping industry that handles 80% of world trade is navigating a sea of unknowns as U.S. President Donald Trump stokes trade and geopolitical tensions with historical foes as well as neighbors and allies.

23/01 Rubio to visit Panama, source says, amid Trump push to take back canal

U.S. Secretary of State Marco Rubio will visit Panama during his first overseas trip in the post, a source told Reuters on Thursday, as President Donald Trump makes a push for the United States to take back the Panama Canal that has angered the Central American country.

22/01 Yemen's Houthis free crew of Galaxy Leader after over a year, Al Masirah TV reports

Yemen's Iran-aligned Houthis have released the crew of the Galaxy Leader more than a year after they seized the Bahamas-flagged vessel off the Yemeni Red Sea coast, Houthi-owned Al Masirah TV reported on Wednesday.

17/01 Red Sea trade route will remain too risky even after Gaza ceasefire deal, industry executives say

Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping, industry executives said.

16/01 Denmark's prime minister summons business leaders following Trump's Greenland threat

Denmark's Prime Minister Mette Frederiksen has called the country's business leaders to a meeting on Thursday after U.S. President-elect Donald Trump last week threatened military or economic action such as tariffs to take control of Greenland.

15/01 Tanker rates extend rally on sanctions, demand to load Mideast oil

Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on Russia's fleet and traders' demand for ships to load Middle East oil for Asia, industry sources said on Wednesday.

14/01 NATO to deploy ships, aircraft in Baltic Sea after cable breaches

NATO countries will deploy frigates, patrol aircraft and naval drones in the Baltic Sea to help protect critical infrastructure and reserve the right to take action against ships suspected of posing a security threat, alliance members said on Tuesday.

14/01 Dozens of oil tankers drop anchor after latest US sanctions bite

At least 65 oil tankers have dropped anchor at multiple locations, including off the coasts of China and Russia, since the United States announced a new sanctions package on Jan. 10, ship tracking data showed on Monday.

14/01 Risky ships must be identified to protect undersea cables, EU's Virkkunen says

Identifying suspect ships and limiting their activities is the most efficient way to protect critical undersea infrastructure, European Commission Vice President Henna Virkkunen told Reuters on Monday.

13/01 Oil tanker sabotage crew were poised to cut more cables when caught, Finland says

Crew on board an oil tanker accused of sabotaging undersea power and communications cables in the Baltic Sea were poised to cut other cables and pipelines when Finnish authorities boarded the vessel last month, the head of the Finnish investigation said.

10/01 Union, employers credit Trump in US port deal that may shape future talks

A tentative labor deal forestalled potentially damaging trade disruptions at three-dozen U.S. East Coast and Gulf of Mexico ports, with both sides in the talks crediting President-elect Donald Trump for clearing the way for them to hammer out a deal on automation.

09/01 Second US port strike averted as union, employers reach deal

The union representing 45,000 dock workers on the U.S. East and Gulf Coasts and their employers on Wednesday said they reached a tentative deal on a new six-year contract, averting further strikes that could have snarled supply chains and taken a toll on the U.S. economy.

08/01 Exclusive: China-linked shipowner denies Taiwan accusation of damaging undersea cable

The Chinese director of a firm whose vessel Taiwan suspects of having damaged an undersea communications cable said on Wednesday there was no evidence the ship was involved, an incident that has alarmed the government in Taipei.

07/01 Finland recovers anchor in Baltic Sea cables investigation

Finnish police said on Tuesday they had recovered a lost anchor from the seabed as part of an investigation of suspected sabotage against power and internet cables in the Baltic Sea.

07/01 Taiwan coast guard says investigation of damaged undersea cable stymied by weather

Taiwan's coast guard has said that it suspects a ship damaged an undersea communications cable over the weekend, but that bad weather prevented its personnel from boarding the vessel to investigate.

06/01 US port labor talks resume with spotlight on automation

Contract talks covering 45,000 dockworkers on the U.S. East and Gulf Coasts are set to restart on Tuesday in a labor dispute that will help set the pace of automation at ports stretching from Maine to Texas.

06/01 Finland's Elisa says Baltic undersea cables were torn apart by external force

Two undersea telecommunications cables that were damaged in the Baltic Sea on Dec. 25 appeared to have been torn apart by a strong external force, Finland's Elisa said on Monday, adding that they had now been repaired.

04/01 Russia clears beaches after Black Sea oil spill, declares emergency in Crimea

Russia declared a regional state of emergency on Saturday in Crimea, which it seized from Ukraine in 2014, as workers cleared tons of contaminated sand and earth on either side of the Kerch Strait following an oil spill in the Black Sea last month.

03/01 Finnish court upholds seizure of oil tanker in undersea cables probe

A Finnish court on Friday denied a request for the release of an oil tanker suspected by police of damaging an undersea power line and four telecommunications cables in the Baltic Sea last week.

29/12 Egypt completes trial run of new Suez Canal channel extension

Egypt said on Saturday it had successfully tested a new 10 km channel near the southern end of the Suez Canal, even as its revenue from the waterway has plunged since Yemen's Houthi militants began attacking vessels in the Red Sea.

27/12 Norwegian shipping firm denies Moscow's claim it refused to help sinking Russian ship

A Norwegian shipping company on Friday rejected an accusation from Dmitry Medvedev, deputy chairman of Russia's Security Council, that it refused to rescue sailors from a sinking Russian cargo ship in the Mediterranean Sea.

27/12 Estonia's navy to protect Baltic Sea power link after cable damage

Estonia's armed forces have launched a naval operation to protect the Estlink 1 undersea power cable in the Baltic Sea in response to the damage this week of a parallel electricity line, Foreign Minister Margus Tsahkna said on Friday.

25/12 Russian cargo ship which sank off Spanish coast was victim of 'act of terrorism,' RIA cites owner

A Russian cargo ship called Ursa Major which sank in the Mediterranean Sea was the victim of "an act of terrorism," state news agency RIA cited the vessel's owner as saying on Wednesday.

25/12 Russian region declares emergency situation as Black Sea oil spill fallout widens

Authorities in Russia's southern Krasnodar region on Wednesday declared a region-wide emergency, saying that oil was still washing up on the coastline 10 days after two ageing tankers ran into trouble.

24/12 Russian cargo ship sank in Mediterranean Sea with two crew missing, Russian Foreign Ministry says

A Russian cargo ship called 'Ursa Major' sank in the Mediterranean Sea between Spain and Algeria and two of its crew are missing, the Russian Foreign Ministry said on Tuesday.

23/12 Explainer: What is the Panama Canal and why has Trump threatened to take it over?

Latin American leaders on Monday rallied to Panama's defense after U.S. President-elect Donald Trump threatened to reimpose U.S. control over the Panama Canal, a key global shipping route located in the Central American nation.

23/12 After Trump threat, Mexican president says Panama Canal belongs to Panamanians

Mexican President Claudia Sheinbaum expressed support for Panama's government on Monday after U.S. President-elect Donald Trump threatened to reassert U.S. control over the Panama Canal on Sunday.

22/12 Trump says he might demand Panama hand over canal

President-elect Donald Trump on Saturday accused Panama of charging excessive rates for use of the Panama Canal and said that if Panama did not manage the canal in an acceptable fashion, he would demand the U.S. ally hand it over.

22/12 US military conducts precision airstrikes against Houthi targets in Sanaa

The U.S. military said it conducted precision airstrikes on Saturday against a missile storage facility and a command-and-control facility operated by Iran-backed Houthis in Yemen's capital, Sanaa.

18/12 'Oil is everywhere': Russians tackle Black Sea spill

An oil spill from damaged tankers has contaminated a long stretch of sandy beaches along the Russian Black Sea shoreline, polluting the air and threatening wildlife in one of the worst ecological disasters to hit the region in years.

18/12 Iran's Revolutionary Guards extend control over Tehran's oil exports, sources say

Iran's Revolutionary Guards have tightened their grip on the country's oil industry and control up to half the exports that generate most of Tehran's revenue and fund its proxies across the Middle East, according to Western officials, security sources and Iranian insiders.

16/12 Stricken oil tankers show risks of Russia's ageing 'shadow fleet'

Russian authorities sought to limit the damage on Monday from oil spilled into the Kerch Strait by two ageing tankers that were damaged during a heavy weekend storm, highlighting the environmental and insurance risks of Russia's 'shadow fleet'.

15/12 Oil spills into Kerch Strait after Russian tanker breaks apart in storm

A Russian oil tanker carrying thousands of tonnes of oil products split apart during a heavy storm on Sunday, spilling oil into the Kerch Strait, while another tanker was also in distress after sustaining damage, Russian officials said.

13/12 Trump signals support for US dockworkers in stalled labor talks

U.S. President-elect Donald Trump on Thursday appeared to back the anti-automation stance of some 45,000 union dockworkers on the U.S. East and Gulf Coasts, whose labor talks are at an impasse over that polarizing issue.

03/12 Recent suspected underwater sabotage incidents in the Baltic Sea

Authorities have been unable to find sufficient proof of deliberate malicious intent to press charges.

03/12 As sabotage allegations swirl, NATO struggles to secure the Baltic Sea

The 12-day 'Freezing Winds' drill was part of a push to step up the transatlantic defence alliance's protection of infrastructure in waters that carry 15% of global shipping traffic and are seen as increasingly vulnerable to attack.

02/12 Threatened by climate change, Panama Canal has big plans to combat drought

The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could soon be submerged by a massive man-made reservoir designed to ensure the viability of the Panama Canal in the face of a changing climate.

26/11 Sweden urges Chinese ship to return for undersea cable investigation

Sweden is asking a Chinese vessel to return to Swedish waters to help facilitate the Nordic country's investigation into recent breaches of undersea fibre-optic cables in the Baltic Sea, Prime Minister Ulf Kristersson said on Tuesday.

21/11 Container shippers hedging green transition with dual-fuel vessel orders

Hybrid engines allow operators to fall back on petroleum if green fuels are too costly.

18/11 EU targets Iranian shipping firms in new sanctions

The European Union has widened its sanctions against Iran over Tehran's support of Russia in its war with Ukraine, the European Commission said on Monday.

16/11 Ship traffic partly resumes on Turkey's Dardanelles

Ship traffic resumed on Turkey's Dardanelles Strait in one direction on Saturday after an earlier halt due to mechanical failure on a bulk carrier, the Ministry of Transport and Infrastructure said.

14/11 China's Xi arrives in Lima for APEC, to open Pacific megaport

Chinese President Xi Jinping arrived in Lima on Thursday, kicking off a week-long diplomatic blitz in Latin America by inaugurating the massive Chancay deep-water port, one of Beijing's most ambitious infrastructure investments in Latin America.

12/11 Canada moves to end labor disputes at ports, cites economic damage

Canada on Tuesday moved to end labor disputes at the country's two biggest ports, Vancouver and Montreal, citing economic damage and the potential for driving away trading partners.

11/11 Montreal dockworkers' union rejects offer; lockout begins

The Montreal Longshoremen's Union rejected a final offer made for a new labour contract, leading to a lockout being declared, the Maritime Employers Association (MEA) and the union said on Sunday.

11/11 In South America, Trump already losing a trade battle with China

In South American copper giant Peru, the incoming Donald Trump White House will find itself already on the losing side in a trade battle with China, part of a bigger power realignment around the resource-rich region in Washington's backyard.

10/11 More than a quarter of US Gulf of Mexico oil, 16% of natural gas offline

More than a quarter of U.S. Gulf of Mexico oil and 16% of natural gas output remained offline in the aftermath of storm Rafael, the U.S. offshore energy regulator reported on Sunday.

09/11 Exclusive: Peru and China to sign strengthened free-trade agreement in Xi's APEC visit

Peru and China will sign an updated free-trade agreement during President Xi Jinping's upcoming visit to the Andean nation that would boost commerce by at least 50% between the countries, Peru's foreign minister said on Friday.

06/11 Spanish police seize record cocaine in Ecuadorean banana shipment

Spanish police have made a record cocaine seizure after finding 13 metric tons of the drug hidden in a shipment of bananas in a container from Ecuador in the southern port of Algeciras.

31/10 Maersk saw strong demand in Q3 driven by China, Southeast Asia exports

Shipping company Maersk said on Thursday it saw strong demand in the third quarter especially driven by exports out of China and Southeast Asia while the global supply chain continued to be upset by the situation in the Middle East.

28/10 Yemen's Houthis say they've targeted vessels in Red Sea and Arabian Sea

Yemen's Houthis said on Monday that they carried out three operations targeting vessels in the Red Sea and Arabian Sea. The attacks included strikes on the Motaro in the Red Sea and Bab al-Mandab Strait with ballistic missiles.

28/10 Zero carbon ammonia for shipping faces cost, safety challenges

The first cargo ships that would be powered by ammonia are set to enter service in 2026, one of several alternatives the industry is tapping to shrink its carbon footprint.

25/10 US judge approves shipping companies' $102 million settlement with DOJ over Baltimore bridge collapse

A U.S. judge approved on Friday a $102 million settlement by the companies that owned and operated the ship that struck Baltimore's Francis Scott Key Bridge in March, killing six people.

25/10 Cargo-ship owner to pay US $102 million over Baltimore bridge collapse, DOJ says

The owner and operator of the cargo ship that struck Baltimore's Francis Scott Key Bridge in March, killing six people, have agreed to pay $102 million to the federal government, the U.S. Justice Department said on Thursday.

10/09 About a quarter of US Gulf of Mexico oil and gas output shut due to Francine

About 24% of crude production and 26% of natural gas output in the U.S. Gulf of Mexico were offline as Tropical Storm Francine moved towards Louisiana, the U.S. Bureau of Safety and Environmental Enforcement (BSEE) said on Tuesday.

02/09 Saudi tanker, another oil ship attacked in Red Sea, sources say

Two oil tankers, the Saudi-flagged Amjad and Panama-flagged Blue Lagoon I, were attacked on Monday in the Red Sea off Yemen, two sources familiar with the matter said.

31/08 Yemen's Houthis claim to have attacked ship again in Gulf of Aden

Yemen's Houthi militants said on Saturday that they attacked a Liberia-flagged container vessel for a second time in the latest action against commercial shipping in the Gulf of Aden.

30/08 Salvage of stricken oil tanker in Red Sea expected soon, sources say

A salvage operation to recover a Greek-registered oil tanker stranded ablaze in the Red Sea after an attack by Houthi militants is expected to start in the coming days, two sources with knowledge of the matter said on Friday.

24/08 Fires observed on board Greek-flagged tanker in Red Sea, says maritime agency

Three fires blazed on a Greek-flagged oil tanker in the Red Sea, the United Kingdom Maritime Trade Operations said on Friday, one day after rescuers evacuated its crew in the wake of an assault by Yemeni Houthi militants.

22/08 Oil tanker Sounion 'poses environmental risk' after Red Sea attack

A Greek-flagged oil tanker carrying 150,000 tonnes of crude that was evacuated by its crew after being attacked in the Red Sea now poses an environmental hazard, the EU's Red Sea naval mission "Aspides" said on Thursday.

22/08 Canada's CN Rail, CPKC lock out Teamsters union workers, shut networks

Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) announced the lockout of their Canadian workers on Thursday after failed labor talks, resulting in a shutdown of their rail networks in the country.

21/08 Canada PM leans on railways and union to settle issues, avert major stoppage

Canadian Prime Minister Justin Trudeau urged on Wednesday the country's two main rail companies and the Teamsters union to settle their differences and avoid a stoppage that could cause billions of dollars worth of economic damage.

21/08 Tanker adrift after multiple attacks in Red Sea, UK maritime agency says

A Greek-flagged oil tanker was adrift in the Red Sea on Wednesday after repeated attacks that started a fire on the vessel and caused the ship to lose power, the UK maritime agency said.

21/08 As Canada braces for rail stoppage, truckers scramble to meet demand

As Canada braced for a freight rail stoppage that could hit industries ranging from autos to agriculture, the trucking sector said it faced higher demand it could not meet.

19/08 CN Rail issues lockout notice to union, Canada-wide freight rail stoppage looms

This and another lockout notice from CPKC means most rail-transit of goods in Canada will stop by Thursday, barring last-minute labor agreements.

17/08 Canada's CPKC expands freight embargoes ahead of looming work stoppage

Canadian Pacific Kansas City said on Saturday it would halt any new rail shipments originating in Canada, and all new U.S. shipments destined for Canada starting on Tuesday if talks with its Canadian labour union fail to progress.

14/08 Hapag-Lloyd posts 75% lower first half profit but stresses market strength

German container firm Hapag-Lloyd on Wednesday posted a 75% lower net profit in the first half of 2024 but focused on a higher full-year earnings outlook, where it had raised key figures in July citing market strength.

10/08 Iran's oil finds new destinations in Tehran export push, sources say

Iran has sent small shipments of crude oil to new destinations such as Bangladesh and Oman, according to shipping sources and data, the latest sign of Tehran pushing to sustain output at close to its highest in five years.

09/08 Major Chinese port reports blast on Taiwanese cargo ship

China's Ningbo-Zhoushan Port, one of the world's busiest ports, reported an explosion on board a container ship on Friday, Chinese state media reported, creating shockwaves that were felt a kilometre away.

09/08 US retailers rush holiday imports, fearing strikes and disruptions

Retailers are fueling a summer rush of imports to the United States this year, as companies guard against a potential port workers strike and ongoing shipping disruptions from attacks in the Red Sea ahead of a shortened holiday shopping season.

09/08 Vessel captain reports double attack off Yemen, UK maritime agency says

The captain of the Delta Blue crude oil tanker reported a double attack on the vessel off Yemen, with its crew reported safe, the United Kingdom Maritime Trade Operations (UKMTO) agency said in an advisory note on Thursday.

08/08 Exclusive: Western insurers provide cover for Russian oil despite price cap concerns

A group of Western insurers have provided cover for tankers carrying Russian crude, keeping its oil flowing after many in the trade sector withdrew for fear of breaching the rules of a G7 price cap, data from traders and shippers shows.

07/08 Maersk sees container demand growing at a slower pace

Shipping company Maersk on Wednesday said the global demand for container transport was expected to continue to grow in the next few quarters albeit at a slower pace as substantial market risks persisted.

09/07 Panama Canal expects new water reservoir for ship crossings in 6 years

The Panama Canal expects to complete a billion-dollar construction of a new water reservoir within six years that will help ensure the passage of 36 ships a day, the administrator of the global waterway said on Monday.

01/07 Yemen's Houthis say they targeted four ships 'linked to the US, UK and Israel'

Yemen's Houthis said on Monday that they conducted four military operations targeting four ships in the Red, Arabian and Mediterranean Seas as well as the Indian Ocean "linked to the United States, the United Kingdom and Israel."

01/07 New fuel restrictions for ships in Arctic fall short, green groups say

Ships sailing through Arctic waters will no longer be able to use or carry heavy bunker fuel oil under a United Nations shipping agency regulation which took effect on Monday.

28/06 White House seeks $4 billion more in funding from Congress for disaster needs

The White House is seeking an additional $4 billion in funding from Congress for disaster needs, including to help rebuild the Baltimore bridge after its collapse and in response to last year's fires in Maui, the Office of Management and Budget said on Friday.

26/06 Singapore port congestion shows global ripple impact of Red Sea attacks

Congestion at Singapore's container port is at its worst since the COVID-19 pandemic, a sign of how prolonged vessel re-routing to avoid Red Sea attacks has disrupted global ocean shipping - with bottlenecks also appearing in other Asian and European ports.

24/06 Breakingviews - Red Sea gives shipping an Uber-style price surge

Anyone who has tried to secure an Uber at a busy time of day will have experienced the ride-hailing app’s least appealing feature: surge pricing. Too many punters and too few available cars mean the cost of getting from A to B spikes. Something similar is currently afflicting the global shipping sector.

19/06 Shipping industry urges Red Sea action as Houthis sink second vessel

Urgent action must be taken in the Red Sea to stop attacks on merchant shipping by Yemen's Houthis, leading industry groups said on Wednesday, after the sinking of a second ship.

19/06 Salvage firm confirms sinking of Greek-owned Tutor struck by Houthis

The Greek-owned Tutor coal carrier attacked by Yemen's Houthi militants in the Red Sea last week has sunk, salvagers confirmed on Wednesday.

19/06 Trauma from Red Sea attacks adds to seafarer shortage

When a missile fired by Yemen's Houthi Islamists landed near his ship in the Red Sea, Costas Rassias vowed to stop sailing through the perilous waters.

18/06 AI can help shipping industry cut down emissions, report says

The global commercial shipping industry could cut down its carbon emissions by 47 million tonnes per year by deploying artificial intelligence for sea navigation, a study by autonomous shipping startup Orca AI showed on Tuesday.

16/06 Yemen's Houthis say they attacked two ships and American destroyer

Yemen's Houthis said on Sunday that they had attacked two civilian ships along with an American destroyer in the Red Sea and Arabian Sea, their latest effort to disrupt shipping in what they say is support for Palestinians in Gaza.

14/06 US military says it destroyed Houthi patrol boats, drone

The U.S. military said on Thursday it destroyed two Houthi patrol boats, one uncrewed surface vessel and one drone over the Red Sea in its latest effort to degrade the capabilities of the Iran-backed group.

11/06 Red Sea ships attacks push 47% more crude oil, fuels around Africa

Global crude oil and oil products shipments taking the long route between Asia, the Middle East and the West is up 47% since attacks began on vessels using the shorter Red Sea route, the Energy Information Administration said on Tuesday.

11/06 Access fully restored to key channel after Baltimore bridge debris removed

Federal agencies said on Monday they have restored full access for commercial maritime transit through the Port of Baltimore after the removal of 50,000 tons of debris from the March 26 collapse of the Key Bridge.

09/06 Two vessels catch fire after missile strikes off Yemen's Aden

Two ships caught on fire after being hit by projectiles off Yemen's Aden, two UK maritime agencies reported on Sunday.

05/06 Yemen's Houthis target three vessels in Red Sea and Arabian Sea

Yemen's Houthis conducted military operations targeting three vessels in the Red Sea and the Arabian Sea, the group's military spokesperson Yahya Saree said on Wednesday.

03/06 Germany counts flooding losses as heavy rains stoke climate debate

The German government said on Monday that deadly flooding in the nation's south served as a warning to keep up the fight against climate change, hours after an official advisory council said the state had fallen behind its greenhouse gas targets.

31/05 Red Sea diversions, tariff risks send ocean shipping soaring

Spiking ocean shipping rates, vessel backups at seaports and empty container shortages - issues that wreaked havoc on global trade during the COVID pandemic supply-chain crisis - are back as the industry enters its busy season.

31/05 Cleaner shipping fuel is contributing to ocean warming, scientists say

Shipping fuel regulations introduced in 2020 have led to a substantial cut in sulphur dioxide (SO2) pollution, but may also have made the ocean warmer by reducing cloud cover, according to a modelling study in a paper published late on Thursday.

29/05 Growing armada shipping sanctioned oil burns dirty fuel in a setback for clean-up efforts

The growing shadow fleet of tankers transporting sanctioned Iranian, Venezuelan and Russian oil is filling up with the cheapest fuel available, hindering industry efforts to use cleaner fuel to cut shipping emissions, according to shipping data and sources.

27/05 French military instructors to visit Ukrainian training centres soon, Ukraine commander says

Ukraine's top commander said on Monday he had signed paperwork allowing French military instructors to visit Ukrainian training centres soon.

19/05 Baltimore workers to move crashed cargo ship that downed bridge

Workers in Baltimore were preparing to clear a crashed cargo ship nearly as long as the Eiffel Tower from the channel it is blocking, officials said on Sunday, almost two months after the vessel downed the Francis Scott Key bridge, paralyzing a major eastern U.S. port.

19/05 Russian air attack on Kharkiv kills at least five, says local official

Russian airstrikes killed at least five people and injured 16 others in a recreation area just outside Ukraine's northeastern city of Kharkiv on Sunday, local officials said.

19/05 Two dead, five missing after suspected boat collision on Danube in Hungary

Two people were killed and five others were missing after a suspected collision involving a small motor boat and a cruise ship on the Danube River north of Budapest late on Saturday, Hungarian police said.

18/05 Panama-flagged oil tanker attacked off Yemen, security firm says

A Panamanian-flagged crude oil tanker was attacked near Yemen's Red Sea port city of Mocha, British security firm Ambrey said on Saturday, in the latest incident in waters where Houthi militants have targeted ships in solidarity with Palestinians.

18/05 Romania searching for three missing crew after ship sinks in Black Sea

Romanian rescue teams were searching on Saturday for three missing crew members of a cargo ship that sank off the Black Sea coast, the naval authority said.

17/05 Spain denies port call for ship carrying arms to Israel

Spain has refused permission for an Israel-bound ship carrying arms to call at the southeastern port of Cartagena, Foreign Minister Jose Manuel Albares said on Thursday.

16/05 US says warship Mason intercepted Houthi missile, vessel Destiny untouched

The U.S. navy's destroyer the USS Mason intercepted an inbound Houthi anti-ship missile over the Red Sea on Monday, U.S. Central Command said in a statement, after Yemen's Houthis said on Wednesday that they had targeted the warship.

15/05 Ship lost power several times before hitting Maryland bridge, investigators say

The Dali cargo ship lost electrical power several times before it crashed into the Francis Scott Key Bridge in March, killing six people, federal investigators said on Tuesday.

14/05 Collapsed Baltimore bridge blasted into pieces in effort to clear wreckage

U.S. crews in Baltimore set off controlled explosions on Monday to allow them to remove a portion of the collapsed Francis Scott Key Bridge from the bow of the massive container ship that toppled the span in March.

13/05 Morning Bid: Earnings hurdle cleared - CPI fence up next

A look at the day ahead in U.S. and global markets from Mike Dolan

12/05 Body camera video captures first reactions to Baltimore bridge collapse

The Francis Scott Key Bridge collapsed into the Patapsco River in the early morning of March 26, killing six men.

10/05 A whale makes a comeback off Argentina's coast 100 years after vanishing

Giant blue-grey sei whales that vanished from Argentina's Patagonian coast a century ago due to hunting are starting to flourish once again, demonstrating how species can recover when measures to protect them are put in place.

09/05 What is in Huawei's new Pura 70 smartphones

Huawei's new high-end Pura 70 smartphone series quickly sold out after it was launched last month with analysts touting it as another Apple iPhone challenger and adding to signs of how the Chinese firm is beating back against U.S. curbs.

06/05 Maersk says Red Sea disruption could cut Asia-Europe capacity by 20%

Disruption to Red Sea container shipping is rising, Maersk said on Monday, forecasting this will cut the industry's capacity between Asia and Europe by up to 20% in the second quarter.

02/05 Maersk raises full-year profit guidance after strong quarter

Shipping group Maersk raised its full-year profit guidance after posting better than expected quarterly earnings on Thursday, citing strong container shipping demand and the diverting of vessels around Africa to avoid the Red Sea.

01/05 Philippines says Chinese coast guard elevating tensions in South China Sea

The Philippines on Wednesday accused China's coast guard of elevating tensions in the South China Sea after its use of water cannons that damaged two of its vessels, an official said.

30/04 Houthis attack four ships in Indian Ocean, Red Sea

Yemen's Houthis said 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.

30/04 Peru seeks to avoid arbitration over Chinese-built mega port

The Peruvian government is looking to avoid an international arbitration process which could be filed by Chinese port operator Cosco Shipping over a legal dispute regarding exclusivity rights to a massive facility being built by the firm, an official said on Monday.

28/04 Nigeria secures $600 million Maersk investment in seaport infrastructure

Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk , the presidency said in a statement on Sunday.

27/04 Iran says crew of Israel-linked ship 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.

27/04 Stranded ships exit Baltimore port via temporary channel

Four cargo ships, stuck for about a month at the Port of Baltimore by the ruins of the collapsed Francis Scott Key bridge, have exited this week via a temporary channel, according to shipping data.

26/04 Yemen's 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.

22/04 Haiti fuel terminal operations halted as gangs seize trucks, source says

Operations at Haiti's main fuel import terminal were suspended on Monday as armed men seized trucks and demanded the port be shut down, according to a source with information on the matter, likely exacerbating existing fuel shortages.

18/04 Paraguay on track for record soy crop, but low river levels slow exports

Paraguay is headed for a record soybean harvest but exporters are worried about low river levels that are slowing shipments along the key Paraguay-Paraná waterway, with a drought in central-west Brazil affecting water levels running downstream.

17/04 Ships docked, trains halted as Greek workers strike over rising costs

Ships remained docked at Greek ports and train services were halted on Wednesday amid a strike by transport sector workers demanding higher pay to cope with rising living costs.

15/04 Exclusive: Russia-Ukraine Black Sea shipping deal was almost reached last month, sources say

Russia and Ukraine negotiated for two months with Turkey on a deal to ensure the safety of shipping in the Black Sea and reached agreement on a text that was to be announced by Ankara but Kyiv suddenly pulled out, four people familiar with the matter told Reuters.

15/04 FBI opens criminal probe into Maryland bridge collapse, Washington Post says

The FBI has opened a federal criminal probe into the March 26 bridge collapse in Maryland, the Washington Post reported on Monday, citing two U.S. officials familiar with the matter.

14/04 Somali pirates say hijacked ship MV Abdullah released after $5 million ransom was paid

Somali pirates released a hijacked ship, MV Abdullah, and its crew of 23 early on Sunday after a $5 million ransom was paid, according to two pirates.

10/04 China's EV export boom fuels surge in demand for new car-carrying ships

Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom in EV exports, data showed, putting China on course to amass the world's fourth-largest fleet by 2028.

09/04 US says it destroyed Houthi air defense and drone systems in Red Sea area

The U.S. military said on Monday it destroyed air defense and drone systems of Yemen's Iran-aligned Houthi forces in the area of the Red Sea, with no injuries or damage reported to commercial, U.S. and coalition ships.

07/04 Missile lands near vessel southwest of Yemen's Aden, no damage, UKMTO says

A missile landed near a vessel in the Gulf of Aden but there was no damage to the ship or injuries to crew in the incident, 59 nautical miles southwest of the Yemeni port of Aden, the United Kingdom Maritime Trade Operations (UKMTO) agency said on Sunday.

02/04 Trapped vessels start to move out of Baltimore following bridge disaster

The U.S. state of Maryland has opened a temporary channel on the northbound side of the collapsed Baltimore bridge, allowing limited tug and barge traffic around the container ship stuck at the disaster site, Governor Wes Moore said on Monday.

30/03 Salvage crews to lift first piece of collapsed Baltimore bridge

Salvage crews were set to lift the first piece of Baltimore's collapsed Francis Scott Key Bridge from the water on Saturday to allow barges and tugboats to access the disaster site, Maryland and U.S. officials said, the first step in a complex effort to reopen the city's blocked port.

29/03 Massive crane put in place to clear Baltimore bridge debris as crews assess damage

The biggest operational crane on the U.S. Eastern Seaboard towered over Baltimore's port on Friday, ready to begin clearing the wreckage of the Francis Scott Key Bridge days after a cargo ship crashed into it, sending the span crashing into the harbor.

28/03 US gives Maryland $60 million to rebuild collapsed Baltimore bridge

The U.S. government awarded the state of Maryland $60 million in federal emergency relief on Thursday in response to the collapse of the Francis Scott Key Bridge in Baltimore, an extraordinarily fast disbursement after such a disaster.

28/03 Baltimore fuel suppliers face logistical challenges after bridge collapse

Fuel suppliers in Baltimore will face some trucking delays and other minor logistical issues after the collapse of a major bridge earlier this week shut the city's port indefinitely, market participants said on Wednesday.

28/03 Baltimore bridge collapse: What warnings preceded the ship's crash?

Less than a minute before Baltimore's Francis Scott Key Bridge collapsed from the impact of a colliding cargo ship, a first responder on emergency radio answered the crew's mayday call by sending officers to halt traffic onto the bridge.

28/03 Ship insurer Britannia is helping in Baltimore bridge probe

Britannia, the insurer of container ship the Dali, is working with the vessel's owner and U.S. authorities on the investigation into the collapse of Baltimore's Francis Scott Key Bridge, the insurer said on Thursday.

28/03 Lawsuits over collapse likely, though limited, lawyers say

The owner, operator and charterer of the container ship that struck Baltimore’s Francis Scott Key Bridge on Tuesday are likely to face lawsuits over its collapse and the people killed or injured, but legal experts say U.S. maritime law could limit the companies’ liability.

28/03 Collapse highlights need to protect critical foundations

The collapse of Baltimore's Key Bridge has highlighted what engineers say is an urgent need to better protect the piers holding up spans over shipping channels as the size of cargo ships has grown in recent decades.

28/03 Lloyd's of London sees multi-billion dollar insurance loss from Baltimore bridge collapse

The collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, the chairperson of Lloyd's of London (SOLYD.UL) said on Thursday.

28/03 Foreign firms' losses from exiting Russia top $107 billion

The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a Reuters analysis of company filings and statements showed.

27/03 Insurers brace for multi-billion dollar losses after Baltimore ship tragedy

Baltimore's Francis Scott Key Bridge collapse could cost insurers several billions of dollars in claims, sources say, but it is too early to calculate the likely full financial losses of the tragedy that has shuttered one of the busiest ports in the United States.

27/03 European companies cut jobs as economy sputters

The highest inflation for decades and the impact of war in Ukraine have forced companies across Europe into layoffs or hiring freezes.

27/03 Divers to search Baltimore Harbor for six presumed dead in bridge collapse

Search divers were expected to return near dawn on Wednesday to the waters surrounding the twisted ruins of a bridge knocked down in Baltimore Harbor by a faltering cargo ship, leaving six workers missing and presumed dead.

26/03 Biden says federal government will fund Baltimore bridge rebuild

U.S. President Joe Biden pledged that the federal government will pay the full cost to rebuild the Francis Scott Key Bridge in Baltimore, one of the nation's busiest arteries that collapsed hours earlier on Tuesday after being struck by a massive freight ship.

26/03 Notable US bridge collapses after being hit by a vessel

A loaded cargo ship rammed into the Francis Scott Key Bridge in Baltimore, Maryland, on Tuesday, sending people and vehicles into the waters below. Here are some other notable episodes of U.S. bridges collapsing after being struck by vessels:

26/03 Ship that hit Baltimore bridge also involved in 2016 Antwerp accident

The ship that caused the collapse of the Francis Scott Key Bridge in Baltimore early on Tuesday was also involved in an accident in the port of Antwerp, Belgium, in 2016.

26/03 Baltimore bridge collapse: What happened and what do we know about the ship?

Baltimore's Francis Scott Key bridge collapsed early on Tuesday after a container ship smashed into the four-lane span, plunging cars into the river.

26/03 What do we know about Baltimore’s Francis Scott Key Bridge?

The 1.6-mile (2.57 km) long Francis Scott Key Bridge in Baltimore, Maryland, collapsed in the early hours of Tuesday after being struck by a container ship, plunging cars into the water.

26/03 Indian refiners buy more US crude as Russia sanctions tighten

More than 250,000 barrels per day of U.S. crude is set to arrive in India next month, the highest in more than a year, ship tracking data showed, amid tighter enforcement of sanctions on Russian crude.

23/03 China coast guard says it took measures against Philippine vessels in South China Sea

China's coast guard said it had taken control measures against Philippine vessels in disputed waters of the South China Sea on Saturday, while the Philippine coast guard decried the moves as "irresponsible and provocative".

21/03 Somali pirates' return adds to crisis for global shipping companies

As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier sent out a distress signal and called an emergency hotline.

18/03 Venture Global LNG to buy fleet of vessels

Venture Global LNG said on Sunday it would acquire a fleet of nine liquefied natural gas (LNG) transport vessels, expanding its ability to sell and ship its own cargoes.

17/03 US military says it destroyed Houthi drone over Red Sea

The U.S. military said it destroyed a drone fired by the Yemeni Houthis on Saturday, with another presumed to have crashed into the Red Sea.

16/03 Indian navy intercepts Somali pirates on cargo ship Ruen

An Indian navy warship has intercepted the hijacked Ruen cargo ship and demanded the Somali pirates on board surrender, a navy spokesperson said on Saturday.

15/03 French shipping tycoon to buy country's biggest 24-hour news channel

French shipping tycoon Rodolphe Saade has agreed to buy France's leading rolling news channel BFM TV off Patrick Drahi's debt-laden Altice group, their respective companies said on Friday, as billionaires vie to control the French media landscape.

15/03 Merchant vessel struck by missile west of Yemen's al Hudaydah

A merchant vessel reported it had been hit by a missile and sustained damage 76 nautical miles west of Yemen's al Hudaydah, the United Kingdom Maritime Trade Operations (UKMTO) organisation said on Friday.

14/03 Yemen's Houthis fired missile in Gulf of Aden, no damage reported, US says

The U.S. Central Command (CENTCOM) said the Iranian-backed Houthi militants fired one anti-ship ballistic missile from Yemen into the Gulf of Aden, but it caused no damage to any vessels.

07/03 Ship evacuated after first civilian fatalities in Houthis' Red Sea attacks

India's navy evacuated all 20 crew from a stricken vessel in the Red Sea on Thursday, after a Houthi attack killed three seafarers in the first civilian fatalities from the Yemeni group's campaign against the key shipping route.

07/03 Three killed in first fatal Houthi attack on Red Sea shipping, CENTCOM says

A Houthi missile attack killed three seafarers on a Red Sea merchant ship on Wednesday, U.S. Central Command (CENTCOM) said, the first fatalities reported since the Iran-aligned Yemeni group began strikes against shipping in one of the world's busiest trade lanes.

06/03 Russia oil fleet shifts away from Liberia, Marshall Island flags amid US sanctions crackdown

Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands flags in recent weeks after the United States ramped up sanctions enforcement on ships linked to those registries, according to shipping data and interviews with industry and government officials.

05/03 Ukrainian sea drones damage Russian Black Sea fleet patrol ship near Crimea, Ukraine says

Ukrainian sea drones damaged a Russian Black Sea Fleet patrol ship off occupied Crimea, Ukrainian military intelligence said on Tuesday.

04/03 Ships entering Yemeni waters must obtain permit, Houthi minister says

Ships will have to obtain a permit from Yemen's Houthi-controlled Maritime Affairs Authority before entering Yemeni waters, Houthi Telecommunications Minister Misfer Al-Numair said on Monday.

04/03 After Red Sea mission, Greece seeks key role in EU defence - minister

Greece, host of the headquarters of the EU operation to shield ships from Houthi attacks in the Red Sea, hopes to play a more central role in ensuring security of the 27-nation bloc, the defence minister said.

04/03 Two months after failed voyage, 14,500 Australian livestock sail again for Israel

Around 14,500 livestock sailed from Australia to Israel on Sunday for the second time, two months after their first voyage was curtailed by the threat of attack by Houthi militants in the Red Sea.

03/03 Yemen's Houthis say they will continue sinking British ships

Yemen's Iran-backed Houthis vowed on Sunday to continue targeting British ships in the Gulf of Aden following the sinking of UK-owned vessel Rubymar.

27/02 Houthis say they can reassess Red Sea attacks if Israeli 'aggression' stops

Yemen's Houthis said on Tuesday they could only reconsider their missile and drone attacks on international shipping in the Red Sea once Israel ends its "aggression" in the Gaza Strip.

24/02 US, British forces carry out additional strikes against Houthis in Yemen

U.S. and British forces carried out strikes against more than a dozen Houthi targets in Yemen on Saturday, officials said, the latest round of military action against the Iran-linked group that continues to attack shipping in the region.

24/02 Houthi attack on freighter Rubymar caused significant damage to ship, US says

An attack by Yemen's Houthis on the freighter Rubymar caused significant damage to the ship and an 18-mile (29-km) oil slick, the U.S. military's Central Command said on Friday.

23/02 UK announces new Russia sanctions to mark Ukraine invasion anniversary

Britain announced a new package of sanctions against Russia on Thursday, saying it was seeking to diminish President Vladimir Putin's weapons arsenal and war chest two years after the invasion of Ukraine.

22/02 Houthis to escalate Red Sea strikes, use 'submarine weapons', leader says

Yemen's Iran-backed Houthis will escalate their attacks on ships in the Red Sea and other waters and has introduced "submarine weapons", in continued solidarity with Palestinians in the Gaza war, the group's leader said on Thursday.

22/02 Two killed after barge hits bridge near China's Guangzhou, plunging vehicles in water

Two people were killed after a barge collided with a bridge over a waterway in China's Pearl River Delta near Guangzhou city, causing part of the bridge to break off, plunging vehicles into the water, Chinese state media reported on Thursday.

21/02 Greek ship attacked in Red Sea by Houthis arrives in Aden with cargo

The Greek-flagged bulk cargo vessel Sea Champion arrived in the southern Yemeni port of Aden on Tuesday after being attacked in the Red Sea in what appeared to have been a mistaken missile strike by Houthi militia, shipping and military sources said.

20/02 'Israeli' ship targeted by Houthis is Liberia-flagged, says Ambrey

British maritime security firm Ambrey said that a container ship targeted by Yemen's Houthis on Tuesday was Liberia-flagged and headed for Somalia.

19/02 Yemen's Houthis say ship attacked in Gulf of Aden may sink

Yemen's Houthi militants said on Monday they had attacked another cargo vessel in the Gulf of Aden which was at risk of sinking, raising the stakes in their campaign to disrupt global shipping in solidarity with Palestinians in the Gaza war.

19/02 Yemen's Houthis claim attack on ship in Gulf of Aden, say it could sink

Houthi militants in Yemen said on Monday they had attacked the Rubymar cargo ship in the Gulf of Aden and the vessel is now at risk of sinking.

18/02 US conducted five self-defense strikes in Houthi-controlled areas of Yemen, military says

The United States conducted five self-defense strikes in areas of Yemen controlled by the Iranian-backed Houthi militia, U.S. Central Command said on Sunday.

16/02 Tobago's tourism, fishing hit as oil slick spreads across Caribbean

Nine days after a slick was first spotted by Trinidad and Tobago's Coast Guard, an oil leak from a capsized barge remains unplugged, according to first responders and authorities, raising alarms for nations across the Caribbean Sea.

16/02 India's small exporters reel as Red Sea crisis helps rivals nab business

Atul Jhunjhunwala, an exporter in the Indian eastern city of Kolkata, is tearing his hair out, having just lost another order due to the Red Sea crisis that has jacked up his shipping costs and times.

15/02 Houthis vow to continue attacks in solidarity with Palestinians

Yemen's Iran-backed Houthis will press on with attacks on Red Sea shipping in solidarity with the Palestinians as long as Israel continues to commit "crimes" against them, their leader said on Thursday.

15/02 Iran will reciprocate if its ships are seized, official says

Iran will reciprocate if its ships are seized, the legal adviser to Iran's President told state media on Thursday, in response to a statement by the United States Department of Justice.

14/02 Ukraine says it destroyed large Russian landing ship in Black Sea

Ukrainian forces destroyed the Russian Navy's Tsezar Kunikov large landing ship off the occupied peninsula of Crimea in the Black Sea on Wednesday, Kyiv's military said.

12/02 Yemen's Houthis target cargo ship in Red Sea

Yemen's Iran-aligned Houthis said on Monday they had targeted a cargo ship in the Red Sea, the latest such strike since the start of the Israel-Hamas war in Gaza.

08/02 Maersk warns oversupply to hit profits amid Red Sea uncertainty

Maersk said on Thursday Red Sea trade disruptions would not be a major boost for the company and an oversupply of vessels would hit its earnings this year, sending its shares sharply lower.

01/02 Russian oil flows through Red Sea still face lower risks

Tankers carrying Russian oil have continued sailing through the Red Sea largely uninterrupted by Houthi attacks on shipping and face lower risks than competitors, according to shipping executives, analysts and flows data.

31/01 Walmart and Adidas cargo aboard, one ship's voyage to avoid the Red Sea

When the Maersk Tanjong set sail from Thailand on Dec. 2, headed towards the Suez Canal to reach the U.S. East Coast, it was carrying cargo for retailers and clothing brands including Walmart , H&M , Adidas and ASOS , import and shipping data shows.

31/01 Yemen's Houthis threaten more attacks on US, British warships

Yemen's Iran-aligned Houthi group said on Wednesday it would keep up attacks on U.S. and British warships in the Red Sea in what it called acts of self defence, stoking fears of long-term disruptions to world trade.

30/01 Hapag-Lloyd Q4 earnings plunge as Red Sea attacks weigh

Hapag-Lloyd on Tuesday reported a 92% slump in earnings before interest, taxes, depreciation and amortisation (EBITDA) in the fourth quarter, as attacks on shipping in the Red Sea negatively impacted transport volumes at the end of 2023.

29/01 WTO says its trade growth estimates appear 'overly optimistic'

The World Trade Organization will likely cut its estimates for goods trade growth for 2023 and 2024 due to a less buoyant global economy and the potential impact of disruptions to shipping through the Suez Canal, its chief economist said.

27/01 World's largest cruise ship sets sail, bringing concerns about methane emissions

The world's largest cruise ship is set for its maiden voyage on Saturday, but environmental groups are concerned that the liquefied natural gas-powered vessel - and other giant cruise liners to follow - will leak harmful methane into the atmosphere.

26/01 Freight through Suez Canal down 45% since Houthi attacks - UNCTAD

Freight going through the Suez Canal has dropped by 45% in the two months since attacks by Yemen's Houthis led shipping groups to divert freight, disrupting already strained maritime trading routes, according to UN agency UNCTAD.

26/01 Exclusive: China presses Iran to rein in Houthi attacks in Red Sea, sources say

Chinese officials have asked their Iranian counterparts to help rein in attacks on ships in the Red Sea by the Iran-backed Houthis, or risk harming business relations with Beijing, four Iranian sources and a diplomat familiar with the matter said.

25/01 Singapore bunker fuel schedules tighten, premiums rise on Red Sea impact

Shippers and trading firms are facing longer waits and higher prices for low-sulphur fuel deliveries at Singapore, the world's top bunker hub, as refuelling demand rises due to ship diversions from Red Sea tensions, industry sources told Reuters.

25/01 US Navy intercepts missiles in Red Sea while escorting Maersk ships

Maersk said explosions nearby forced two ships operated by its U.S. subsidiary and carrying U.S. military supplies to turn around when they were transiting the Bab al-Mandab Strait off Yemen, accompanied by the U.S. Navy.

24/01 European, US retailers absorb Red Sea shock, wary of hiking prices

Carrying more stock, switching to suppliers nearer to consumers and reducing dependence on China are tactics European and U.S. retailers used to build more resilient supply chains following disruptions during the COVID-19 pandemic.

23/01 UN chief says 'unacceptable' for Israel to reject two-state solution

United Nations Secretary-General Antonio Guterres on Tuesday said the "clear and repeated rejection of the two-State solution at the highest levels of the Israeli government is unacceptable" as he appealed for more aid access throughout the Gaza Strip.

22/01 US, British forces carry out new strikes in Yemen

U.S. and British forces carried out a fresh round of strikes on Monday in Yemen, targeting a Houthi underground storage site as well as missile and surveillance capabilities used by the Iran-aligned group against Red Sea shipping, the Pentagon said.

22/01 Hapag-Lloyd to offer land transit through Saudi Arabia amid Red Sea disruption

German shipping group Hapag-Lloyd will continue to route its vessels around the Cape of Good Hope until further notice due to Houthi attacks on vessels in the Red Sea, it said on Monday, after announcing it was introducing land corridors through Saudi Arabia to mitigate the impact on its business.

22/01 As inflation slows, Europe Inc must show off its margin might

European companies haven't had such a low bar to clear in terms of earnings expectations in years, not least because of the highly complex geopolitical and macroeconomic backdrop, yet investors may only reward those that can protect their margins.

20/01 US strikes another Houthi anti-ship missile

U.S. Central Command forces on Saturday struck a Houthi anti-ship missile that was aimed into the Gulf of Aden and prepared to launch, the U.S. military said, with the latest round of strikes coming hours after the United States struck three other Houthi anti-ship missiles.

20/01 Exclusive: Iranian and Hezbollah commanders help direct Houthi attacks in Yemen, sources say

Tehran has provided advanced drones, anti-ship cruise missiles, precision-strike ballistic missiles and medium-range missiles to the Houthis, who are targeting commercial vessels in solidarity with Palestinians in Gaza, the sources said.

19/01 CEOs leave Davos to game out 2024 geopolitical scenarios

Business leaders in Davos say they are increasingly turning to scenario planning to safeguard supply chains and lessen the potential hit from unexpected geopolitical crises.

19/01 Seafarers' safety must be enhanced in Red Sea, shipping industry says

Countries in the Red Sea region need to enhance security to protect seafarers at risk as attacks on merchant shipping worsen, industry officials said on Thursday.

19/01 US says Houthis launched missiles at tanker ship but no damage caused

The Iran-backed Houthi militia launched two anti-ship ballistic missiles at a U.S.-owned tanker ship late on Thursday that hit the water near the vessel but caused no injuries or damage, the U.S. military said.

19/01 Red Sea shipping attacks pressure China's exporters as delays, costs mount

For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his trading company in the eastern province of Fujian.

18/01 China widens South America trade highway with Silk Road mega port

In September, a group of Brazilian farmers and officials arrived in the Peruvian fishing town of Chancay. The draw: a new Chinese mega port rising on the Pacific coast, promising to turbo charge South America's trade ties with China.

18/01 Indian Navy rescues crew after attack on ship off coast of Yemen

The Indian Navy said on Thursday it had rescued the crew of a U.S.-owned vessel in the Gulf of Aden after an attack by Yemen's Houthi movement as tensions in the region's sea lanes disrupted global trade.

18/01 Maersk says winter weather, Red Sea disruption cause congestion

Weather-related disruption at ports in northern Europe and the diversion of vessels away from the Red Sea are causing congestion at container terminals, A.P. Moller-Maersk said in an update to customers on Thursday.

18/01 Red Sea ship diversions boost bunker demand, prices in Africa, Mediterranean

The re-routing of a growing number of ships around Africa to avoid potential attacks in the Red Sea is altering refueling patterns and boosting demand for bunker fuel at far-flung ports, from the Mauritius to South Africa to the Canary Islands.

18/01 US conducts another round of strikes against Houthi targets in Yemen

The United States conducted another round of strikes against Houthi targets in Yemen on Wednesday, U.S. officials told Reuters.

18/01 How would the Red Sea attacks affect gas shipping?

Several shipping companies and a few liquefied natural gas (LNG) tankers have decided to avoid the world's main East-West trade route, following attacks launched by Yemen's Houthi group on commercial ships at the southern end of the Red Sea.

17/01 Business heads see Red Sea tensions causing lengthy trade dislocation

Business chiefs warned on Wednesday that disruption to shipping in the Red Sea caused by attacks by Houthi militants in Yemen could affect supply chains for months and lead to a shortage of tankers needed to transport fuel.

17/01 Maersk CEO sees Red Sea shipping disruption lasting 'at least a few months'

Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels in the Red Sea will probably last at least a few months.

16/01 EU states give nod to Red Sea mission to deter Houthis -diplomats

European Union member states have given initial backing to a naval mission to protect ships from attacks by Yemen's Iran-backed Houthi militia in the Red Sea, European diplomats said on Tuesday, after the launch of a U.S.-led mission in the region.

16/01 Exclusive: US targets Houthi anti-ship missiles in new strike on Yemen -officials

The U.S. military on Tuesday carried out a new strike in Yemen targeting anti-ship ballistic missiles in a Houthi-controlled part of the country, two U.S. officials told Reuters, the latest military action against Iran-backed group over its targeting of Red Sea shipping.

16/01 Red Sea attack fears disrupt global trade patterns

Japanese shipping operator Nippon Yusen suspended sailings through the Red Sea on Tuesday after Yemen's Houthi movement vowed to step up attacks on vessels in the region.

15/01 Yemen's Houthis hit US-owned dry bulk ship, no injuries - U.S Centcom

Houthi forces in Yemen struck the U.S.-owned and operated dry bulk ship Gibraltar Eagle with an anti-ship ballistic missile, U.S Central Command said on Monday, although there were no reports of injuries or significant damage.

15/01 Qatar pauses Red Sea tankers after Western strikes on Houthis

Qatar's state energy company has paused sending tankers through the Red Sea after US-led strikes against Houthi militants in Yemen targeting the crucial trade route.

13/01 Biden warns of more strikes on Yemen's Houthis if Red Sea attacks persist

President Joe Biden vowed further military action against Yemen's Houthi forces if they keep up their attacks on shipping in the Red Sea despite dozens of U.S. and British air strikes on the Iran-backed group's facilities.

12/01 Container rates soar on concerns of prolonged Red Sea disruption, inflation

Container shipping rates for key global trade routes have soared this week, with U.S. and UK air strikes on Yemen stirring fears of a prolonged disruption to global trade in Red Sea, one of the world's busiest routes, industry officials said on Friday.

12/01 Oil tankers divert from Red Sea after US, UK strikes in Yemen

An increasing number of tanker owners steered clear of the Red Sea and multiple tankers changed course on Friday, shipping data showed, as U.S. and British air strikes on Yemen overnight escalated an already highly volatile situation in the Red Sea.

12/01 Shipping firms react to Houthi attacks in the Red Sea

Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea, impacting a shipping route vital to East-West trade.

12/01 UK says strikes on Houthi military targets were self defence

U.S. and British strikes against Houthi military targets in Yemen were a limited act of self defence and London does not immediately plan any further missions, its junior defence minister said on Friday.

12/01 Middle East escalation tilts balance of risks in markets

For global investors who came into 2024 with doubts about how long stock markets can rally and when central banks will cut rates, a sudden widening of the war in Gaza is swaying the narrative and could prompt them to cut exposure to risk.

12/01 Saudi Arabia calls for restraint after air strikes on Yemen

Saudi Arabia called for restraint and "avoiding escalation" in light of the air strikes launched by the United States and Britain against sites linked to the Houthi movement in Yemen, the kingdom's foreign ministry said on Friday.

12/01 Egypt's Suez Canal revenues down 40% due to Houthi attacks

Dollar revenues from Egypt's Suez Canal are down 40% from the beginning of the year compared to 2023, canal authority head Osama Rabie said on Thursday, after attacks on ships by Yemen's Houthis caused major shippers to divert away from the route.

11/01 Exclusive: Tesla Berlin to suspend most production for two weeks over Red Sea supply gap

Tesla will suspend most car production at its factory near Berlin from Jan. 29 to Feb. 11, the company said on Thursday, citing a lack of components due to shifts in transport routes because of attacks on vessels in the Red Sea.

11/01 Maersk to use rail for some vessels to bypass Panama Canal amid drought

A.P. Moller-Maersk will use trains to avoid the drought-hit Panama Canal for some of its vessels, the Danish shipping giant said as low water levels have caused one of the world's main maritime trade routes to reduce crossings.

11/01 Global trade drops 1.3% on Red Sea attacks - IfW Kiel institute

Global trade declined by 1.3% from November to December 2023 as militant attacks on merchant vessels in the Red Sea led to a plunge in the volumes of cargo transported in that key region, a German economic institute said on Thursday.

11/01 Israel to face Gaza genocide charges at World Court

Israel prepared to defend itself on Thursday at the top U.N. court against accusations of genocide in Gaza, as Prime Minister Benjamin Netanyahu publicly rebuffed for the first time calls by some right-wing ministers to permanently occupy the enclave.

10/01 How companies are responding to attacks on ships in the Red Sea

Attacks on vessels by Iranian-backed Houthi militants in Yemen have disrupted international commerce on the shortest shipping route between Europe and Asia.

10/01 Red Sea attacks: retailers rush to avoid delays to spring collections

Retailers worldwide are stocking up on goods before China's Lunar New Year holiday and seeking air or rail alternatives to transportation via the Red Sea in a scramble to avoid empty shelves this spring, executives and experts told Reuters.

10/01 US, UK forces shoot down Houthi missiles, drones in Red Sea -US military

U.S. and UK forces shot down 21 drones and missiles fired by Yemen-based Houthis on Tuesday into the Southern Red Sea towards international shipping lanes, the U.S. military's Central Command said.

07/01 Merchant vessel approached by six craft near Yemen, says UK

Six small craft approached a merchant vessel about 50 nautical miles from the Yemeni city of Mocha on Saturday before leaving the area, the United Kingdom Maritime Trade Operations (UKMTO) organization said.

06/01 Iran Guards commander challenges 'enemy' naval presence in region

The commander of Iran’s Revolutionary Guards vowed on Saturday to reach "the enemy" far and near as tensions soar on key shipping routes where Tehran’s allies have been attacking vessels.

06/01 War, weather put ocean shippers on notice for rough seas in 2024

Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop.