Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Greek ship manager 'relieved' to see Houthi video showing missing seafarers alive
    Finance

    Greek ship manager 'relieved' to see Houthi video showing missing seafarers alive

    Published by Global Banking & Finance Review®

    Posted on July 29, 2025

    3 min read

    Last updated: January 22, 2026

    The image showcases the Christophe De Margerie tanker docking at Russia's Arctic LNG 2, highlighting ongoing LNG export challenges amidst U.S. sanctions.
    Fourth sanctioned LNG tanker, Christophe De Margerie, at Russia's Arctic LNG 2 plant - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:managementinsurancefinancial services

    Quick Summary

    A Houthi video reveals missing seafarers from a Greek-managed ship are alive. The ship was attacked off Yemen, and efforts for their safe return are ongoing.

    Table of Contents

    • Rescue of Missing Seafarers
    • Details of the Houthi Video
    • Government Response and Crew Condition
    • Background on the Attacks

    Greek Ship Management Relieved by Houthi Video of Rescued Seafarers

    Rescue of Missing Seafarers

    ATHENS (Reuters) -The Greece-based manager of a vessel that sank after being attacked by Houthi militants off Yemen earlier this month expressed relief on Tuesday after seeing a video showing 11 missing crew members alive.

    Details of the Houthi Video

    The six-minute video was released by the Iran-aligned Houthis, who said on Monday they had rescued the seafarers from the Liberia-flagged Eternity C cargo ship.

    Government Response and Crew Condition

    In a statement, the Athens-based ship management company said efforts were continuing to ensure the sailors' "safe and swift return home to their families".

    Background on the Attacks

    "Cosmoship Management is deeply relieved to see in video footage released by the Houthis on ... 28 July that ten of our missing crew members, as well as one of the vessel's security guards (11 in total), are alive and appear to be receiving care," it said.

    The Philippine government confirmed on Tuesday that nine of the rescued seafarers were Filipinos.

    Migrant workers minister Hans Cacdac said the sailors were in "good physical condition" based on accounts from their families, and that the government was working to secure their release and safe return.

    Cosmoship added that it hoped the Houthis "will release our crew at the earliest opportunity".

    The Eternity C was the second ship to sink off Yemen this month after repeated attacks by Houthi militants with sea drones and rocket-propelled grenades. Another Greek-operated vessel, the Magic Seas, had gone down days earlier. 

    The strikes on the two vessels marked a revival of attacks on shipping by the Houthis, who hit more than 100 ships between November 2023 and December 2024 in what they said was a show of solidarity with the Palestinians in the war in Gaza.

    Eternity C's crew and three armed guards were forced to abandon the ship following the attacks. Ten of them were rescued by a privately led mission, while five more are feared dead. 

    On Monday, the Houthis released a six-minute video showing pictures of the missing seafarers, with some of them apparently talking to family members by phone.

    They also showed testimonies saying that the crew members were not aware of a maritime ban by Houthis against vessels sailing to Israeli ports. They said the vessel was heading to Israel's Eilat Port to load fertilizers.

    Reuters could not independently verify the footage.

    (Reporting by Renee Maltezou and Jonathan Saul;Editing by Helen Popper)

    Key Takeaways

    • •Houthi video shows missing seafarers alive.
    • •Greek ship manager expresses relief.
    • •Efforts continue for safe return of crew.
    • •Eternity C attacked by Houthi militants.
    • •Nine rescued seafarers confirmed as Filipinos.

    Frequently Asked Questions about Greek ship manager 'relieved' to see Houthi video showing missing seafarers alive

    1What did the Houthi video show?

    The Houthi video showed 11 missing seafarers from the Eternity C cargo ship alive, including ten crew members and one security guard.

    2How did the Philippine government respond?

    The Philippine government confirmed that nine of the rescued seafarers were Filipinos and stated they were in good physical condition, working to secure their release.

    3What happened to the Eternity C cargo ship?

    The Eternity C sank after being attacked by Houthi militants, marking the second such incident involving Greek-operated vessels off Yemen this month.

    4What is Cosmoship Management's statement regarding the situation?

    Cosmoship Management expressed relief at the video showing the missing crew and is continuing efforts to ensure their safe and swift return home.

    5What was the context of the attacks on the vessels?

    The attacks on the Eternity C and another vessel were part of a revival of Houthi assaults on shipping, which included over 100 attacks between November 2023 and December 2024.

    More from Finance

    Explore more articles in the Finance category

    Image for US, China opt out of joint declaration on AI use in military
    US, China opt out of joint declaration on AI use in military
    Image for Bitcoin slump shakes companies that jumped on crypto-hoarding bandwagon
    Bitcoin slump shakes companies that jumped on crypto-hoarding bandwagon
    Image for European corporate outlook improves, but earnings overall expected to fall
    European corporate outlook improves, but earnings overall expected to fall
    Image for Environmental groups sue EU commission over Portugal's lithium mine
    Environmental groups sue EU commission over Portugal's lithium mine
    Image for Saudia in talks with Boeing, Airbus for its largest jet order to date, Bloomberg News reports
    Saudia in talks with Boeing, Airbus for its largest jet order to date, Bloomberg News reports
    Image for Anthropic releases AI upgrade as market punishes software stocks
    Anthropic releases AI upgrade as market punishes software stocks
    Image for Factbox-Hedge funds jump into volatile January to reap returns
    Factbox-Hedge funds jump into volatile January to reap returns
    Image for Pirelli board rejects Sinochem's spin-off plan to end dispute over governance
    Pirelli board rejects Sinochem's spin-off plan to end dispute over governance
    Image for Slovak prosecutor ends probe over fighter jets, air defence systems donated to Ukraine
    Slovak prosecutor ends probe over fighter jets, air defence systems donated to Ukraine
    Image for Factbox-How Glencore and Rio Tinto's core assets stack up
    Factbox-How Glencore and Rio Tinto's core assets stack up
    Image for Elton John's husband accuses Daily Mail of homophobia in UK privacy trial
    Elton John's husband accuses Daily Mail of homophobia in UK privacy trial
    Image for World Economic Forum investigates its CEO over Epstein links
    World Economic Forum investigates its CEO over Epstein links
    View All Finance Posts
    Previous Finance PostJPMorgan nears deal to take over Apple's credit card program, WSJ reports
    Next Finance PostDeutsche Bank names new general counsel, head of anti-financial crime