
Indian Vessel Faize Noore Oliya Sinks After Attack Near Yemen
Indian cargo vessel Faize Noore Oliya sank near Yemen after an apparent attack. The Yemeni Coast Guard rescued all 14 crew members and took them to the Port of Mokha.

Indian cargo vessel Faize Noore Oliya sank near Yemen after an apparent attack. The Yemeni Coast Guard rescued all 14 crew members and took them to the Port of Mokha.

London marine insurers have widened the Red Sea high-risk zone after Houthi attacks on Saudi-linked vessels, with war risk premiums rising for ships serving Saudi ports and regional routes.

BIMCO reports that Suez Canal traffic in the first week of 2026 was only about 40% of the 2023 level, roughly 100 days after the last Houthi attack, with container ship transits still down 86% in late 2025.
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