The ClarksSea Index benchmark rose by around 5% week-on-week to $30 461 a day.
A Houthi official from Yemen's Ministry of Defence has denied involvement in the incident.
Ten people were rescued from the water following the incident.
Thirty-seven sunken and abandoned vessels are being removed from WC’s fishing harbours.
An IMB report reveals that 102 vessels were boarded during the first nine months of 2025.
Analysts note that in several markets, spot prices have now fallen below contract rates.
The operations centre has urged vessels to exercise heightened caution while small boats face port restrictions.
A trading-credit scheme could unintentionally favour LNG over truly low-carbon alternatives.
Nacala and Beira, especially, have impressed by expanding their reach to new markets.
Carriers were cancelling sailings at an intensity not seen since the early pandemic period.
It’s part of a broader US effort to counter China’s dominance in the maritime trade.
The plan includes investments in technologies to cut fuel consumption and emissions.
