Tag: Gulf of Aden

The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage while increasing transit time from 16 days to 32 days according to a report by LSEG Shipping Research.

The U.S. military has refuted claims by the Yemeni Houthi movement that it successfully attacked the American cargo ship "Ocean Jazz" in the Gulf of Aden.

In a recent development, Houthi rebels targeted a US-owned bulk carrier, the M/V Genco Picardy, with an Uncrewed Aerial System (UAS) in the Gulf of Aden.

On 15th January, Houthi forces in Yemen targeted the U.S.-owned and operated dry bulk vessel Gibraltar Eagle with an anti-ship ballistic missile, as confirmed by U.S. Central Command.

On 13rd January, the U.S. Central Command declared a subsequent strike on Houthi positions in Yemen, emphasizing their goal to diminish the rebels' capacity to launch missiles and drones at commercial ships in the area.

On January 12, Houthi rebels launched a missile strike near Yemen, targeting a tanker that was transporting Russian oil.

The American P&I Club has issued an alert to warn its members to take enhanced precautions when transiting the Red Sea and Indian Ocean Area. 

The continuous attacks on commercial vessels transiting the Southern Red Sea are an alarming trend that has been troubling the industry, causing alternations in routes and disruptions in global supply chains.

A wounded crew member was successfully evacuated by the Indian Navy from the MV Ruen, a vessel flying the flag of Malta. The Bulk Carrier belonged to Navigation Maritime Bulgare, a business based in Bulgaria close to the Yemeni island of Socotra, and was taken over by unknown assailants on December 14.

As the end of each year is always a time of review, reflection, and celebration, in a comprehensive year-end recap, we bring you 23 key moments that have profoundly influenced the shipping industry in 2023, showcasing notable strides toward sustainability.