The rollout impacted some shipments in Q2, but the company expects benefits from the technology in the long term.
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Houthi spokesman Yahya Saree said maritime navigation in the Red Sea is safe, except for Saudi ships.
Rampant Yemeni fighters take control of island in narrow point of Bab al-Mandab strait, which Saudi is relying on for oil exports Why the rapid Houthi advance matters and what’s at stake Yemen’s…
The Houthis have wrested control of Yemen’s Red Sea coast from Saudi-backed government, giving Iran and its allies control over a key shipping lane Violence has erupted again in Yemen, where a rapid…
Houthis were already able to disrupt shipping - their advance consolidates that power, and exposes government weakness.
The cost of shipping oil in the largest tankers hit record highs this week following the biggest wave of attacks on shipping since the U.S.-Iran war began in late February.
Traffic through the Strait of Hormuz is still running far below normal, but the latest UKMTO data shows a steady flow of ships continuing to move through the waterway, much...
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