Shipping

Maritime leaders say US-Iran peace deal must provide clear framework for Strait of Hormuz transit

Shipowners and maritime industry officials met at a Capital Link conference and other events ahead of Posidonia, a week-long biennial shipping exhibition, where they commented on the matter.

A drone view shows vessels anchored at the Strait of Hormuz, as seen from Musandam, Oman, May 30, 2026.
Zim containers are stacked just outside Israel's port of Ashdod February 23, 2012

Israeli ministries move to block $4.2 billion sale of ZIM over security concerns

A CARGO ship carrying containers at Gwangyang Port in Gwangyang on April 7, 2026.

Iranian missile likely involved in attack on ship in Strait of Hormuz, South Korea says

Vessels are seen anchored in the Strait of Hormuz, off the port city of Khasab on Oman's northern Musandam Peninsula on May 17, 2026.

Iran's intensified closure of Strait of Hormuz piles misery on stranded sailors


More ships to avoid Red Sea as attacks disrupt world trade

The Houthi leader has meanwhile threatened to escalate attacks to include US naval ships, raising the prospect of a wider conflict around the Bab al-Mandab strait.

 A ship is pictured at the Red Sea port of Hodeidah, Yemen August 5, 2018.

Israel's Eilat Port sees 85% drop in activity amid Red Sea Houthi attacks

Without Bab al-Mandab "you close the main shipping artery to Eilat Port. And therefore we lost 85% of total activity," CEO Gideon Golber told Reuters.

 View of the marina in the Southern Israeli city of Eilat

Israel's Eilat Port sees 85% drop in activity amid Red Sea Houthi attacks

Eilat, which sits adjacent to Jordan's only coastal access point at Aqaba, offers Israel a gateway to the East without the need to navigate the Suez Canal.

White-cheeked terns flying across the Gulf of Eilat.

Houthi threats prompt shipping companies to rethink Suez Canal use

If all traffic in the Suez Canal stopped, Egypt would lose about $13 million daily, disrupting its main foreign currency income.

 Israel Navy missile ships head to the Red Sea after several aerial intrusions by Houthi drones, November 1, 2023

Shippers mask positions, weigh options amid Red Sea attacks

As a safety precaution, some vessels are attempting to mask their positions by pinging on other locations when entering the Yemen coastline, said senior freight analyst at Vortexa.

 The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023.

Shipping firms to avoid Suez Canal as Red Sea attacks increase

Yemen's Iranian-backed Houthi movement has been attacking vessels in response to the Gaza war on a route that allows East-West trade, and especially oil.

 Illustrative image of the Red Sea.

Egypt, US shoot down Houthi drones aimed at Israel

US destroyer downed 14 drones launched by Yemen's Houthis in the Red Sea on Saturday.

 An American Navy ship seen in the red sea port of Eilat on June 8, 2021.

Iran-backed Houthis increase their shipping threats

Although the Houthis have been open about their attempt to blockade Israel, their threats have increased, and they are now on a daily basis.

 A view of missiles during a military parade held by the Houthis to mark the anniversary of their takeover in Sanaa, Yemen September 21, 2023.

Iran continues to use drones in its shadow war against Israel - opinion

By using drones, which fly low and slow, Tehran is engaging in graduated escalation, in the hopes of forcing Israel to absorb the threat, rather than feel compelled to respond. 

 Iran's Supreme Leader Ali Khamenei views an Iranian drone during his visit last week to the Islamic Revolutionary Guard Corps Aerospace Force.

Record mobilization: Haifa Port Company leads in cargo handling amidst wartime challenges

Haifa Port's October figures paint a picture of maritime sector leadership.

 A general view of Haifa Port on July 24.