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Three killed in suspected attack by Yemen’s Houthis on Red Sea vessel | Houthis News

The Yemeni group, which has not claimed responsibility for the attack, says Israel-linked ships are ‘legitimate target’. A suspected attack by Yemen’s Houthi group on a Liberian-flagged cargo ship in the Red Sea has killed three sailors and wounded two others, a European Union naval force says. The attack on the Greek-owned Eternity C late…

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Gunboats target cargo vessel in Red Sea; crew abandons ship | Shipping News

United Kingdom Maritime Trade Operations (UKMTO) reports the vessel is taking on water after being targeted with gunfire and rocket-propelled grenades. A commercial vessel in the Red Sea has come under attack after small boats fired rocket-propelled grenades and automatic weapons towards the ship. According to the organisation United Kingdom Maritime Trade Operations (UKMTO), the…

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Dozens missing after ferry carrying 65 people sinks off Indonesia’s Bali | Shipping News

BREAKINGBREAKING, National Search and Rescue Agency says rescuers searching for 43 people after vessel sank off resort island. Rescuers are searching for 43 people missing in rough seas overnight after a ferry carrying 65 people sank near Indonesia’s resort island of Bali. The KMP Tunu Pratama Jaya sank almost half an hour after leaving East…

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UK authorities seize more than two tonnes of cocaine in ‘one of largest’ busts | Drugs News

United Nations report says global cocaine trade thriving, with 25 million users around the world in 2023. Border authorities in United Kingdom have seized cocaine with a street value of $132m from a ship arriving from Panama. Border Force Maritime director Charlie Eastaugh said on Saturday that the massive haul of 2.4 tonnes of the…

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Fragile Iran-Israel ceasefire calms oil markets | Israel-Iran conflict News

Oil prices hit a five-month high over the weekend after the United States struck Iran’s nuclear facilities. Tehran retaliated with an attack on the US Al Udeid Air Base in Qatar, keeping global energy markets on edge. But oil prices dropped sharply on Tuesday after it appeared that Iran was holding off further attacks for…

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Ships collide in Hormuz Strait in shadow of Israel-Iran war | Shipping News

British security firm Ambrey says the incident involving an oil tanker was not security related. Two oil tankers have collided in the Strait of Hormuz, the world’s most critical oil checkpoint just off the coast of Iran. British maritime security monitor Ambrey said that the collision on Tuesday of the Adalynn and the Front Eagle…

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Oil markets are spooked as Iran-Israel tensions escalate | Oil and Gas News

Israel’s strike on military and nuclear sites, and Iran’s retaliation, have rocked already strained global supply chains. As airlines suspend flights to Tel Aviv, Tehran and other airports across the region, oil companies, shipping firms, and regulatory agencies are scrambling amid growing concerns that key trade routes like the Strait of Hormuz could be caught…

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Could EU tariffs against Russia bring a ceasefire for Ukraine? | Russia-Ukraine war News

Brussels is drawing up plans to use trade tariffs and capital controls to maintain financial pressure on Russia, even if Hungary decides to use its veto to block an extension of the European Union’s sanctions regime, which lapses in July of this year. The European Commission has told ministers that a large part of the…

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Tycoon Mike Lynch’s yacht toppled by ‘extreme wind’, UK investigators say | Investigation News

Interim report into sinking of superyacht that killed 7 off coast of Sicily said the vessel was ‘vulnerable’ to strong winds. Investigators in the United Kingdom say a sudden blast of powerful wind was likely behind the capsizing of a superyacht owned by British tech billionaire Mike Lynch, which sank off Sicily last year, killing…