Tag: Red Sea

ITF urged Houthis to halt attacks on commercial ships in the Red Sea, to de-escalate threats to shipping and release seafarers held hostage.

Houthis stated that now only Israeli-owned and flagged vessels are subject to bans on transiting the Red Sea.

Maersk and Hapag-Lloyd stated on 17 January that they do not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced, Reuters reports. 

The Houthi rebels' leader vowed to continue operations if Israel does not comply with the ceasefire agreement.

The United Nations Security Council passed a resolution on 15 January, co-authored by Greece and the United States, focused on enhancing maritime security in the Red Sea.

Gaza and Israel reached a ceasefire agreement, but shipping industry remains uncertain about potential continuation of attacks on vessels.

According to Alphaliner data, the Cape of Good Hope diversions saved liner shipping from overcapacity in 2024.

The maritime industry, a vital part of global trade, is currently navigating a rapidly changing regulatory environment that will influence its present and future. Looking ahead, there are several major issues shaping the regulatory landscape for the sector.

The UK Maritime and Coastguard Agency has issued a MIN for Red Sea and Gulf of Aden MARPOL Annex I and V Special Areas pollution prevention.

The year 2024 is likely to be remembered for significant geopolitical conflict and rising tensions between several nations. As the maritime industry operates on a global scale, it is no surprise that these tensions have had an impact on shipping.