August 30, 2026 2:01 PM

Arctic: The new Suez?

On 22nd August, a South Korean container ship departs Busan New Port, but instead of heading west towards the Suez Canal, it sails north. The vessel is navigating past Russia’s Kamchatka Peninsula, crossing the Bering Strait and venturing into the Arctic’s Northern Sea Route. This 5,600–kilometre maritime corridor hugs Russia’s Arctic coastline. It connects the Pacific and Atlantic oceans, stretching from the Bering Strait to the Barents Sea. South Korea isn’t alone in testing whether...

July 31, 2026 9:43 AM

Drone strike at Egypt port near Suez Canal ignites new shipping risks

A drone strike that sparked fires on two gas vessels in Egypt's Mediterranean port of Damietta has raised a new threat to shipping through the Suez Canal, one of the last major export routes available to Saudi oil amid the expanding U.S.-Iran war. No one has claimed responsibility for what Egypt's cabinet said on Thursday was an unidentified drone that caused a fire on two vessels at Damietta a day earlier. The port lies near the Suez Canal, which links the Mediterranean and Red Seas. The dron...

June 10, 2024 12:31 PM

US military confirms Houthi missile strikes on two ships in Gulf of Aden

Yemen's Houthi damaged two commercial vessels in missile attacks in the Gulf of Aden in the last 24 hours as part of the militia group's ongoing campaign against international ocean shipping, U.S. Central Command (CENTCOM) said on Sunday. The Iran-backed Houthis hit the Tavvishi, a Liberian-flagged and Swiss-owned container ship with an anti-ship ballistic missile, CENTCOM said. The vessel was damaged, but no crew were injured, according to CENTCOM. Two missiles fired by the Houthis struck the...