However, a recent incident in the Red Sea highlights some of the risks faced by dark fleet ships, which typically have opaque ownership and frequently change their vessel names and flag registrations. The vessel was carrying Russian oil loaded at the port of Ust-Luga. "This was the second tanker mistakenly targeted by the Houthis whilst carrying Russian oil," Ambrey added. The Houthis have been attacking commercial ships in the Red Sea since November in retaliation for Israel's bombings in Gaza. AdvertisementThe Houthi's attacks in the Red Sea are upending global shipping with major shipping lines, including Maersk and Hapag-Lloyd, changing up their shipping routes to avoid risk.

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Persons: —, It's, Ambrey, Lloyd, Matthew Loh Organizations: Service, Business, Panama, Union Maritime, Maersk, Hapag Locations: Russia, Iran, Yemen, Ust, Red, Gaza