Published by Global Banking and Finance Review
Posted on December 8, 2025
1 min readLast updated: January 20, 2026
A vessel near Yemen reported an exchange of fire with small crafts, as per UKMTO. The ship remains on alert but continues its journey safely.
DUBAI, Dec 5 (Reuters) - A vessel located 15 nautical miles west of Yemen reported an exchange of fire after sighting about 15 small craft at a range of 1–2 cables, the United Kingdom Maritime Trade Operations (UKMTO) agency said on Friday.
The vessel said the craft later left the area and that it remains on high alert.
The ship's master reported the crew was safe and that it is continuing to its next port of call.
(Reporting by Jana Choukeir and Tala Ramadan; Editing by Christopher Cushing, Alexandra Hudson)
Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings. It involves analyzing potential risks and implementing strategies to minimize their impact.
Insurance is a financial product that provides protection against financial loss or risk. It involves the transfer of risk from an individual or business to an insurance company in exchange for premium payments.
Investment is the act of allocating resources, usually money, in order to generate income or profit. It can take various forms, including stocks, bonds, real estate, and other assets.
Explore more articles in the Finance category
