Page 49 - List Intelligence News Today

Iran-backed Houthi militants attacked and significantly damaged the cargo ship Rubymar in the Bab el-Mandeb strait, forcing its crew to

P&I clubs hail renewal tonnage gains | Abandoned ship hit by Houthis towed to Djibouti | Extra due diligence begins for marine insurers and shipowners in Russia oil price cap crackdown

Minimal vessel churn combined with higher premiums, improved investment returns and modest pool claims sees marine mutuals find sweet spot

Compensating for losses from reduced imports from the West would drive Middle East exporters to reverse production cuts, broker argues

Rail services lost ground following the Russian invasion of Ukraine. But for some cargoes, the increased speed is making it more attractive than the Cape of Good Hope rerouting

Shipbuilders from South Korea have swept up VLAC orders since ordering for this new vessel class commenced in 2023

The dry bulker hit by two Houthi missiles on Sunday is listing heavily with a flooded engine room, but the vessel’s Lebanese owners have signed an LOF salvage contract and are trying to tow the ship to Djibouti

Attack comes a day after US Central Command announce the discovery of Iran-made unmanned submarines being used by Houthis during strikes on anti-ship cruise missiles and drone ships

Despite risk of escalation, military coalition providing ‘sophisticated, layered defence plus outstanding intelligence’ says retired UK commodore, that can ‘thwart attacks before they start’

The crew, under attack in the Red Sea, abandoned the ship early on Monday after seeking assistance from Djibouti authorities