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The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. The large numbers mean Filipinos are disproportionately exposed to the dangers posed by Houthis targeting ships in the Red Sea. Two Filipino crew members remain in Djibouti to receive medical treatment. Most of the Filipino crew members on board returned to Manila on Tuesday, reuniting with their families after their ordeal at sea. It’s very painful for us, especially for the families,” Mark Dagohoy, one of the ship’s crew members, told journalists after their return.

Persons: It’s, “ There’s, ”, Eduardo de Vega, Israel, Houthis, “, Al, ” Houthi, Nasr Al, Din Amer, De Vega, de Vega, They’re, Mohammed Al, it’s, Ray Car, Abraham Ungar, Eloisa Lopez, Houthi, Yahya Sarea, ” Mark Dagohoy, Celine Alkhaldi, Paul P, Murphy Organizations: CNN, Galaxy Leader, Houthi Military Media, Reuters, Philippines, Yemeni, Nippon, Ray, Ray Car Carriers, Ambrey Analytics, Ambrey, Indian Navy, Manila International Airport, “, Liberian, Financial Times, Oaktree Locations: Filipino, Gaza, Red, Romanian, Iran, Yemen, Cairo, Philippines, Aden, Saudi, Hodeidah, Suez, Africa, Bab, Mandab, United States, Britain, Djibouti, Manila

☆ Red Sea crisis: How global trade is being upended by attacks on container ships
▼ + stars: | 2024-02-08 | by ( Anna Cooban | ) edition.cnn.com time to read: +7 min

That’s added as much as two weeks to a typical East-to-West journey for container ships, and 18 days for slower bulk carriers and tankers. Global container shipping costs are less than half their level during the coronavirus pandemic, which peaked at $10,380 in September 2021. Even so, he said, container shipping is “very cost-effective” as many goods can be packed into a single shipping container. The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea on November 20, 2023. Fewer oil tankers have avoided the Red Sea than container ships, which the Houthi militants more closely identify with Western countries allied with Israel.

Persons: Richard Meade, Tesla, Peter Sand, Good Hope, That’s, ”, Lloyd —, “, ” Simon MacAdam, ” Maersk, Meade Organizations: London CNN —, Hamas, Lloyds, CNN, Maersk, Hapag, Carriers, Global, Container, Capital Economics, Organisation for Economic Co, Development, Galaxy Leader, Houthi Military Media, Reuters Locations: Iran, Suez, Asia, Europe, Germany, Swedish, Africa, South Africa’s, Good, Sand, Vietnam, Drewry, Shanghai, China, Rotterdam, Netherlands, Xeneta, Israel, United States, Canada

☆ Global trade will fall this year amid slower growth and Red Sea turmoil, WTO official says
▼ + stars: | 2024-01-29 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

Read previewThe World Trade Organization is likely to slash 2023 and 2024 trade projections due amid weaker-than-expected global economic activity and disruptive attacks by Houthi militants in the Red Sea. The WTO previously projected a rise of 0.8% in merchandise trade volumes for 2023 and a 3.3% increase for 2024. Ossa said the WTO would publish updated forecasts in the coming months, and various global organizations have trimmed their GDP growth forecasts this year, impacting the WTO's trade predictions. He also emphasized a growing uptick in consumer prices due to surging shipping costs since the Houthi attacks began. The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023.

Persons: —, Ralph Ossa, Ossa, haven't, Joe Biden Organizations: Service, Trade Organization, Business, WTO, Reuters, Galaxy Leader, Houthi Military Locations: Red, Iran, Suez, Europe

☆ Houthi attacks rocking Red Sea trade routes likely won't end anytime soon. Here's what could happen next
▼ + stars: | 2023-12-21 | by ( Natasha Turak | ) www.cnbc.com time to read: +8 min

Houthi military helicopter flies over the Galaxy Leader cargo ship in the Red Sea in this photo released on Nov. 20, 2023. Houthi Military Media | Via ReutersDrone and missile attacks by Yemen-based Houthi militants have upended shipping through the Red Sea and Suez Canal, a narrow waterway through which some 10% of the world's trade sails. And will a U.S.-led naval security coalition be effective enough to make the Red Sea trade routes safe for trade again? Zoom In Icon Arrows pointing outwards An infographic titled 'Bab-el-Mandeb Strait: Trade route between East and West narrows amid Houthi threat' created in Ankara, Turkiye on December 18, 2023. Concerns grow as major maritime transportation companies alter their ship routes in response to the increasing Houthi threats in the Red Sea.

Persons: Lloyd, Ryan Bohl, Rane, Khaled Abdullah, Houthi, Rather, Mohammed Hamoud, Mohammed al, Sidharth, , Kaushal, Corey Ranslem Organizations: Galaxy Leader, Houthi, Media, Reuters, . Central Command, BP, Maersk, MSC, CMA, Pentagon, DHL, Middle East, CNBC, Hezbollah, Saudi, Arab, Hamas, Royal United Services Institute, Maxar, Dryad Locations: Red, Yemen, Suez, Africa, Asia, Europe, North Africa, U.S, Lebanese, America, Israel, Saudi, Sanaa, Saudi Arabia, Iran, Mandeb, Trade, East, West, Ankara, Turkiye, Hodeida, Islamic Republic, Gaza, Palestinian, Israel's, Sana'a, London, Bahrain, Canada, France, Italy, Netherlands, Norway, Spain

☆ Who are Yemen's Houthis? Iran-allied group threatens Red Sea shipping
▼ + stars: | 2023-12-04 | by ( ) www.reuters.com time to read: +4 min

The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. The U.S. military said on Sunday three commercial vessels came under attack in international waters in the southern Red Sea. On Oct. 31, the Houthis military spokesperson said the group had a "large number" of ballistic missiles and drones towards Israel. The Houthis fired these missiles at Saudi Arabia dozens of times during the Yemen war. In September, the Houthis displayed anti-aircraft Barq-2 missiles, naval missiles, a Mig-29 fighter jet and helicopters for the first time.

Persons: Houthis, Sanaa, Israel, Aziz El Yaakoubi, Maha, Tom Perry, Christina Fincher Organizations: Galaxy Leader, Houthi Military, REUTERS Acquire, U.S . Central Command, ARSENAL, Saudi, United Arab, Thomson Locations: Red, Iran, Israel, U.S, Houthi, Yemen, Islam, Saudi Arabia, YEMEN, Shi'ite Iran, Saudi, Aden, Sanaa, America, IRAN, Iranian, United Arab Emirates

☆ Red Sea attacks on ships spark safety concerns for sailors
▼ + stars: | 2023-11-29 | by ( Jonathan Saul | ) www.reuters.com time to read: +2 min

The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. The International Chamber of Shipping association said the "attacks must stop immediately, and the innocent seafarers released". "In light of the threat to safe transit of global trade in the Arabian and Red Seas, ZIM is taking temporary proactive measures to ensure the safety of its crews, vessels, and customers' cargo by re-routing some of its vessels," ZIM said. U.S. maritime administration MARAD said in an advisory on Sunday that vessels faced multiple threats after the attacks. Insurance industry sources said they expected war risk premiums to rise in the area, especially for Israel-linked shipping.

Persons: Houthis, ZIM, MARAD, Jonathan Saul, Carolyn Cohn Organizations: Galaxy Leader, Houthi Military, REUTERS, Yemeni, Pentagon, Hamas, Chamber of Shipping, ICS, Insurance, Thomson Locations: Red, Yemen, Gulf, Aden, Somali, Israel, Palestinian, Hodeidah

☆ Missiles were fired toward a US Navy destroyer responding to an attempted hijacking near Yemen. The same warship was targeted in this area years ago.
▼ + stars: | 2023-11-27 | by ( Jake Epstein | ) www.businessinsider.com time to read: +6 min

Missiles were fired from Houthi-controlled territory toward a US Navy ship responding to an attempted hijacking on Monday. The ship, the destroyer USS Mason, was targeted by the Iran-backed rebels near Yemen a few years ago. AdvertisementMissiles were fired from Houthi-controlled territory on Monday toward a US Navy destroyer that rescued a commercial vessel from an attempted hijacking off the coast of Yemen. When the Mason arrived at the scene alongside allied ships, they demanded the release of the Central Park. The Houthis have launched drones and missiles that US Navy warships in the Red Sea have had to shoot down.

Persons: Mason, —, CENTCOM, Blake Midnight, Michael Erik Kurilla, Arleigh Burke, Dwight D, Houthi, Benjamin Netanyahu Organizations: US Navy, Service, Missiles, Central Command, Pentagon, Mason Mass, U.S . Navy, AP, Eisenhower Carrier Strike, CSG, Navy, Galaxy Leader, Houthi Military, REUTERS, Business, Hamas, Israel Defense Forces Locations: Iran, Yemen, Israel, Gulf, Aden, Somalia, Suez, Hormuz, Arabian, Red, Lebanon, Iraq, Syria

A Houthi fighter holds up a pistol in the cargo area of the Galaxy Leader cargo ship in the Red Sea in this photo released November 20, 2023. Kirby's comment was significant because one of the Biden administration's first acts after taking office in January 2021 was revoking terrorist designations of the Houthis over fears the sanctions they carried could worsen Yemen's humanitarian crisis. Kirby called the Houthis' seizure of the vessel a "flagrant violation of international law" in which "Iran is complicit." "In light of this, we have begun a review of potential terrorist designations and we will be considering other options as well with our allies and partners as well," Kirby said at a White House press briefing. U.S. Secretary of State Antony Blinken on Feb. 12, 2021, revoked the designations in "recognition of the dire humanitarian situation in Yemen."

Persons: John Kirby, Biden, Houthis, Kirby, Trump, Antony Blinken, Jonathan Landay, Steve Holland, Grant McCool Organizations: Galaxy Leader, Houthi Military, REUTERS, Rights, White House, Japan's Nippon, Car Carriers, Ray Shipping, United Nations, Thomson Locations: Red, United States, Iran, Israel, Bahamas, Isle of, Tel Aviv, Yemen, Hodeidah, Islam, Saudi, Saudi Arabia, U.S

☆ Two ships divert course away from Red Sea area after vessel seized by Houthis
▼ + stars: | 2023-11-20 | by ( Jonathan Saul | ) www.reuters.com time to read: +3 min

[1/5] The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Israel on Sunday said the Houthis had seized a British-owned, Japanese-operated cargo ship in the southern Red Sea, describing the incident as an "Iranian act of terrorism" with consequences for international maritime security. The Houthis, an ally of Tehran, confirmed that they had seized a ship in that area but described it as Israeli. The Glovis Star drifted for a number of hours in the Red Sea before continuing its journey, AIS ship tracking data showed on Monday. Houthi leadership last week said their forces would make further attacks on Israel and they could target Israeli ships in the Red Sea and the Bab al-Mandeb Strait.

Persons: Yemen's Houthis, Ray Car, Ambrey, Hermes, Isaac Herzog, Jonathan Saul, Mark Porter, Christina Fincher Organizations: Galaxy Leader, Houthi Military, REUTERS Acquire, Sunday, Nippon, Galaxy, Ray, Ray Car Carriers, Glovis, Hermes, AIS, Galaxy Maritime Ltd, Thomson Locations: Red, Gulf, Aden, Israel, British, Tehran, Japan, Saudi, Omani, Nishtun, Yemen, Sri Lanka, Mandeb Strait . U.S, Hodeidah

☆ Seized Galaxy Leader ship in Yemen's Hodeidah port area -owner
▼ + stars: | 2023-11-20 | by ( ) www.reuters.com time to read: +2 min

[1/5] The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Houthi Military Media/Handout via REUTERS Acquire Licensing RightsLONDON, Nov 20 (Reuters) - The Galaxy Leader commercial ship was "illegally boarded by military personnel via a helicopter" on Nov. 19 and is now in the Hodeidah port area in Yemen, the vessel’s owner said on Monday. "All communications were subsequently lost with the vessel," Isle of Man registered Galaxy Maritime Ltd, owner of the pure car carrier Galaxy Leader, said in a statement. "The Houthi seizure of the motor vessel Galaxy Leader in the Red Sea is a flagrant violation of international law," U.S. State Department spokeman Matthew Miller told a briefing. The Bahamas-flagged Galaxy Leader's crew is made up of nationals from Bulgaria, Ukraine, the Philippines, Mexico and Romania, Galaxy Maritime said.

Persons: Houthis, Matthew Miller, Jonathan Saul, Jonathan Landay, Daphne Psaledakis, Christina Fincher, David Gregorio Our Organizations: Galaxy Leader, Houthi Military, REUTERS Acquire, Galaxy Maritime Ltd, Galaxy, U.S . State Department, Galaxy Maritime, Japan's Nippon, Maritime, Thomson Locations: Red, Yemen, Iran, States, U.S, Bahamas, Bulgaria, Ukraine, Philippines, Mexico, Romania, Washington

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