True Confidence Struck by the Houthi | Ship on Fire | Three Mariners Killed | Crew Evacuated

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Shot In The Back - True Confidence

What's Going on With Shipping?
March 7, 2024

#supplychain #houthi #shipping #gulfofaden #babelmandeb #redsea #bulkers #maritime #trade

00:00 Attack on True Confidence
05:18 Update on Rubymar
07:13 True Confidence Timeline
15:55 Owners of True Confidence
17:45 Conclusion

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Twitter: @mercoglianos
Facebook: @wgowshipping

Houthi Attacks Turn Deadly

Three crew confirmed dead and several more seriously injured as Houthis claim a second casualty

Indian Navy Video on X

Indian Navy to the Rescue

RUBYMAR Sinks in the Red Sea due to Houthi Attack | Impact on Undersea Cables & Global Shipping

Bulk carriers divert in record numbers from Red Sea to avoid Houthis
Traffic of ships carrying minerals, grains and ores are 35% below levels seen at the beginning of the year

Sunken Rubymar’s only UK link was its disputed insurance cover

Red Sea war risk rates unmoved by Rubymar sinking

Timeline of deadly attack against True Confidence is shared

Marine Traffic

Equasis

Shipping faces new reality: wars, protectionism, and threats to freedom of navigation
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The Indian Navy are really demonstrating their professionalism and efficacy. They have always previously been underrated.

lucdelhaize
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I saw this on a news site and immediately opened my YouTube app to see if you had any coverage. Your video was literally the first video at the top of my feed. Thank you for your comprehensive and timely coverage of the real time events in this region.

uoila
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This comment is basically to boost the algorithm, but thanks for the clear and concise explanation of issues in global shipping.

Grashan
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Many cheers and much respect to the Indian rescue crews.

hugodesrosiers-plaisance
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Sal makes an interesting point in passing, that although there isn’t an explicit connection, the fact that ownership and management is so convoluted is a major problem. Whether it be global conflict, environmental incidents, or otherwise, perhaps it’s time for global shipping to start identifying who’s who in the zoo. If regular folks have to declare who they sell a used car to, perhaps this corporate shell game needs to end.

FliteRiskCan
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Shouts out to the crew of Kolkata. Y'all rock 👍🇮🇳

elly
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Respect to India for their participation in an awful situation

iancollings
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I had no idea how complicated the world of shipping was until I found this channel.

chrisrouser
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Sal, you have become my go-to for maritime news. Your insightful analyses, great use of online resources and compassion for sailors around the world makes you an asset to Youtube. Many thanks!

Fuegoturbo
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As a ex Merchant Seaman sorry to hear other Seamen have died. Thank you for covering this stay well.

carltontweedle
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Thanks Sal. Well done. I don't think your description of the conflict was biased. Just factual. Without mentioning the connection, there is no connection to what precipitated the attack. YouTube's censorship is an issue to content providers and viewers alike.

gragor
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I’m a car guy and a union Ironworker, I don’t know how I’ve ended up here but just wanted to say you do a great job with this channel and totally earned my subscription

Opposed_Motoring
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It is worth remembering that there is still a civil war in Yemen, with Saudi Arabia previously involved against the Houthis, with a peace treaty still not signed between the Houthis & Saudi.

sarelvanderwalt
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YouTube algorithm sucks. Say the important stuff out loud. We support you when you are thoughtful, compassionate and informed.

frittzman
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Wow it’s really happening. Fantastic amount of information I always learn so much on this channel. You are providing a great service Sal, thank you

bradenchurch
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As a Bristol Bay Tender crew member, I feel while at sea, all men are on the same team, nobody I have ever met cares about the nationality, or color of a man in need of rescue.

YouTubeOdyssey
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I remember saying "It's only a matter of time" and hoping to be proven wrong

talscorner
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When you started this chanel with Ever Given you never thought you would be covering something like this.

Your updates are important thanks for this.

jamesm
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When such news hit in the morning I know on my way home I‘ll get the bigger picture. Thanks a lot Sal! Best wishes from Vienna!

signorpippistrello
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Very informative and a great breakdown of this growing International situation and how confusing it can be with registration of ships etc. Thanks again Captain Sal.

timsmothers