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Red Sea

US, British forces carry out new strikes on Yemen’s Houthis

by Walter Watson
US, British forces carry out new strikes on Yemen’s Houthis

US and British forces carried out a fresh round of strikes on Monday in Yemen, targeting a Houthi underground storage site as well as missile and surveillance capabilities used by …

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U.S. says 2 missing Navy SEALs considered dead after massive 10-day search in Arabian Sea

by Walter Watson
U.S. says 2 missing Navy SEALs considered dead after massive 10-day search in Arabian Sea

Two Navy SEALs who went missing on Jan. 11 while on an interdiction mission are considered dead, the U.S. military said Sunday.  The SEALs were reported missing during a mission …

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Chinese plastic makers’ bets on cheap US gas are foiled by disruptions at Panama and Suez

by Anas Siddiqui
Chinese plastic makers’ bets on cheap US gas are foiled by disruptions at Panama and Suez

The Chinese petrochemical sector’s bet on profiting from a steady supply of cheap US gas to make plastics is quickly going awry, as twin choke-points for shipping upend trade flows …

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Malaysians to pay more for gourmet food and wine, as import costs surge amid Red Sea crisis

by Walter Watson
Malaysians to pay more for gourmet food and wine, as import costs surge amid Red Sea crisis

Shipping giants have shifted freight routes to the Cape of Good Hope around the southern tip of Africa to avoid possible attacks in the Red Sea. Container shipping rates over …

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Opinion | Can Red Sea attacks spur Southeast Asia’s next phase of clean energy transition?

by Walter Watson
Opinion | Can Red Sea attacks spur Southeast Asia’s next phase of clean energy transition?

One bright spot is the shifting momentum in the region with Thailand, Vietnam and Singapore speeding up renewable capacity, while lining up plans with their net-zero emission goals by 2050 …

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Panama Canal traffic cut by 36% due to drought linked to climate change, El Nino

by Walter Watson
Panama Canal traffic cut by 36% due to drought linked to climate change, El Nino

A severe drought that began last year has forced authorities to slash ship crossings by 36 per cent in the Panama Canal, one of the world’s most important trade routes. …

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US presses ahead with ‘least bad’ option in confronting Houthis in Yemen

by Walter Watson
US presses ahead with ‘least bad’ option in confronting Houthis in Yemen

Analysts and outside critics – not to mention the Houthis themselves – have said the aerial military campaign won’t prevent them from firing on more ships, especially if the US …

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U.S. says Houthis launched missiles at tanker ship but no damage caused

by Walter Watson
U.S. says Houthis launched missiles at tanker ship but no damage caused

Members of the Yemeni Coast Guard affiliated with the Houthi group patrol the sea as demonstrators march through the Red Sea port city of Hodeida in solidarity with the people …

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Red Sea crisis already bigger issue for shipping than Covid, data show

by Walter Watson
Red Sea crisis already bigger issue for shipping than Covid, data show

Containers are piled up in Lisbon, Portugal, on January 13, 2024. Recent U.S. and UK air strikes on Yemen are causing global shipping rates to spike, sparking fears of extended …

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Sri Lankans in Yemen fear ‘being caught in the crossfire’ as Colombo plans to join US-led attacks on Houthis

by Walter Watson
Sri Lankans in Yemen fear ‘being caught in the crossfire’ as Colombo plans to join US-led attacks on Houthis

Isuru Alagiyawanna, 32, arrived in Yemen just six months ago in search of a better life away from the debilitating economic crisis of his native Sri Lanka. But as Colombo …

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