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Piracy & Security

Stay informed with the latest news, analysis and market insight on the piracy and security threats impacting the shipping industry; be proactive in adapting your organisation to meet new requirements and identify risks to your business model through our expert coverage

From Crimea to Iran: two more ships join Russia’s grain-smuggling fleet

Following last year’s joint investigation with Lloyd’s List on Russia’s evolving tactics to export grain from occupied Ukraine, Bellingcat uncovers two more bulkers flying the Russian flag that have joined the grain-plundering fleet out of the Russia-occupied port of Sevastopol

Ukraine crisis Dry Bulk

Maersk boxship likely target of Red Sea attack

After a two-week lull in activity, Iran-backed militant group the Houthis have launched several attacks at shipping in the Red Sea over the past 24 hours

Red Sea Risk Containers

Vessel reports explosion in the Red Sea

UKMTO reported the incident in the Red Sea on the morning of April 24, which comes after a significant quiet period for attacks in the region

Red Sea Risk Political Risk and Trade

Red Sea diversions weigh on cargo volumes and revenue at Höegh Autoliners

Fifth-biggest vehicle carrier operator reports a 14% drop in quarterly revenues because of longer Red Sea diversions. Nevertheless, spot freight rates are being maintained at record levels and Höegh Autoliners should gain from an uplift in pricing from upcoming contract renewals with its major shippers

Risk and Compliance Roro

Houthis poised to ramp up Red Sea attacks following recent lull

Whether naval operations have degraded Houthi capabilities or the Iran-backed militants were simply regrouping, the latest warnings suggest that a resurgence of attacks targeting vessels in the Red Sea is imminent

Red Sea Risk Piracy and Security

Iran defends MSC Aries hijack as ‘technical issue’ at IMO meeting

More than 30 countries condemn Iran’s seizure of containership on April 13 and deadly attacks on international shipping in the Red Sea by Iran-backed Houthis

Red Sea Risk Piracy and Security

Week in charts: Where do Russia’s blacklisted ships trade? | Gulf crisis not affecting container rates | No increase in Chinese or Russian ships transiting Bab el Mandeb

Data reveals where Russian vessels are trading despite sanctions, plus analysis on how the current crisis in the Middle East is affecting shipping’s financial outlook

Week in Charts Tankers and Gas

Warnings issued to vessels as Israel strikes Iran

Latest escalation in conflict between Iran and Israel has increased tension for shipping in the Middle East

Containers Political Risk and Trade

Industry urges UN secretary-general to protect seafarers

‘Shipping is not a target with no victims. Innocent seafarers have been killed, seafarers are being held hostage. This would be unacceptable on land and it is unacceptable at sea.’

Red Sea Risk Piracy and Security

Rotterdam sees slow growth on Red Sea disruption

Schedule disruption slowed growth in Rotterdam during the first quarter. But March saw a return to form and a boost from Mediterranean transhipment

Red Sea Risk Containers

Middle East tensions fail to move dial on war risk rates

MSC Aries hijack and Iranian missile onslaught see little impact on Red Sea premiums and small hardening of Middle East Gulf trips

Red Sea Risk Insurance

No evidence more Chinese or Russian ships transiting Bab el Mandeb

Transits of China- and Russia-affiliated ships through the Bab el Mandeb Strait have dropped as the situation has become increasingly unstable 

Red Sea Risk Containers
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