RISK INTELLIGENCE REPORTS- 12th -13th March
Members are invited to consider the most recent Risk Intelligence reports provided at the annexes as follows:
· Annex A – Red Sea Updates
· Annex B – Northern Black Sea Updates
Annex A provides the most recent update on the Red Sea security situation, highlighting that the Houthis have threatened to restart attacks on “Israeli vessels” in response to Israeli’s aid blockade into Gaza. As the Houthi statement does not provide a definition of “Israeli vessels,” its suspected that this ambiguity signals that they do not intend to act on this threat, however it remains possible that they may conduct a strike in the short to medium term.
Annex B details the current security situation in the Black Sea. On 11 March, the MJ PINAR was damaged in a Russian attack on Odesa, and future targeted attacks on vessels cannot be ruled out.
In accordance with the scope of the agreement between ICS and Risk Intelligence, members are requested not to circulate the report further in its entirety. Members may precis the report or use extracts from it to help advise members on key issues or to assist in enquiries. In such cases, Risk Intelligence should be acknowledged as the source of the information.