The Sounion, which was struck on August 21 in Red Sea laden with about one million barrels of crude oil, was towed without an ...

The foundations of deterrence theory lie in the Cold War writings of thinkers such as Thomas Schelling, who sought to ...

following the attack on the Greek-operated Sounion tanker. Louise Nevill, UK CEO, marine, cargo & logistics, at broker Marsh, confirmed premiums of up to 2% for a single Red Sea transit amidst ...

The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters are ...

Yemen’s Houthi rebels have claimed they shot down another American-made MQ-9 Reaper drone, with video circulating online ...

The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters are ...

Oliver Tomac, of the Norwegian Shipowners’ Mutual War Risks Insurance Association (DNK), said the near-miss for the seafarer ...

The marine market is challenged by global warfare, supply chain breakdown and the complicated energy transition.

India’s Great Eastern Shipping is evaluating a move into container shipping to supplement its tanker, bulker, LPG and ...

The Houthis attacked the MV Sounion multiple times in August, leaving the oil tanker stranded in the Red Sea.

Had the vessel broken up or exploded, it could have caused an oil spill four times larger than that caused by the Exxon ...

The delicate rescue mission aimed to head off a major environmental disaster after the oil tanker was attacked by Houthi ...