Explosion strikes Israeli-owned ship in Mideast amid tension - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
February 26, 2021 Newswires
Share
Share
Post
Email

Explosion strikes Israeli-owned ship in Mideast amid tension

Associated Press

DUBAI, United Arab Emirates (AP) — An explosion struck an Israeli-owned cargo ship sailing out of the Middle East on Friday, an unexplained blast renewing concerns about ship security in the region amid escalating tensions between the U.S. and Iran.

The crew and vessel were safe, according to the United Kingdom Maritime Trade Operations, which is run by the British navy. The explosion in the Gulf of Oman forced the vessel to head to the nearest port.

The incident recalled the summer of 2019, when the same site saw a series of suspected attacks that the U.S. Navy blamed on Iran, which Tehran denied. Meanwhile, as U.S. President Joe Biden tries to revive nuclear negotiations with Iran, he ordered overnight airstrikes on facilities in Syria belonging to a powerful Iranian-backed Iraqi armed group.

Dryad Global, a maritime intelligence firm, identified the stricken vessel as the MV Helios Ray, a Bahamian-flagged roll-on, roll-off vehicle cargo ship. Another private security official, who spoke to The Associated Press on condition of anonymity to discuss intelligence matters, similarly identified the ship as the Helios Ray.

Satellite-tracking data from website MarineTraffic.com showed the Helios Ray had been nearly entering the Arabian Sea around 0600 GMT Friday before it suddenly turned around and began heading back toward the Strait of Hormuz. It was coming from Dammam, Saudi Arabia, and still listed Singapore as its destination on its tracker.

Israel’s Channel 13, in an unsourced report, said the assessment in Israel is that Iran was behind the blast. Israeli officials did not immediately respond to requests for comment.

The blast comes as Tehran increasingly breaches its 2015 nuclear accord with world powers to create leverage over Washington. Iran is seeking to pressure Biden to grant the sanctions relief it received under the deal that former President Donald Trump abandoned nearly three years ago.

Iran also has blamed Israel for a recent series of attacks, including a mysterious explosion last summer that destroyed an advanced centrifuge assembly plant at its Natanz nuclear facility and the killing of Mohsen Fakhrizadeh, a top Iranian scientist who founded the Islamic Republic’s military nuclear program two decades ago.

Capt. Ranjith Raja of the data firm Refinitiv told the AP that the Israeli-owned vessel had left the Persian Gulf Thursday bound for Singapore. On Friday at 0230 GMT, the vessel stopped for at least 9 hours east of a main Omani port before making a 360-degree turn and sailing toward Dubai, likely for damage assessment and repairs, he said.

The vessel came loaded with cargo from Europe. It discharged vehicles at several ports in the region, Raja added, including in Bahrain, the United Arab Emirates and Saudi Arabia, with its last port of call at Dammam.

While details of the explosion remained unclear, two American defense officials told the AP that the ship had sustained two holes on its port side and two holes on its starboard side just above the waterline in the blast. The officials said it remained unclear what caused the holes. They spoke to the AP on condition of anonymity to discuss unreleased information on the incidents.

A United Nations ship database identified the vessel’s owners as a Tel Aviv-based firm called Ray Shipping Ltd. Calls to Ray Shipping rang unanswered Friday.

Abraham Ungar, 74, who goes by “Rami,” is the founder of Ray Shipping Ltd., and is known as one of the richest men in Israel. He made his fortune in shipping and construction.

According to the Nikola Y. Vaptsarov Naval Academy, where Ungar provides support and maritime training, he owns dozens of car-carrying ships and employs thousands of engineers.

The U.S. Navy's Bahrain-based 5th Fleet said it was “aware and monitoring” the situation.

While the circumstances of the explosion remain unclear, Dryad Global said it was very possible the blast stemmed from “asymmetric activity by Iranian military."

As Iran seeks to pressure the United States to lift sanctions, the country may seek “to exercise forceful diplomacy through military means,” Dryad reported. Iran did not immediately acknowledge the incident.

In the tense summer of 2019, the U.S. military blamed Iran for explosions on two oil tankers near the Strait of Hormuz, one of the world's most strategic shipping lanes. The U.S. also had attributed a series of other suspected attacks to Iran, including the use of limpet mines — designed to be attached magnetically to a ship’s hull — to cripple four oil tankers off the nearby Emirati port of Fujairah.

Since the killing of Fakhrizadeh, the Iranian nuclear scientist, last November, Israeli officials have raised alarms about potential Iranian retaliation, including through its regional proxies like Lebanon's Hezbollah and Yemen's Houthi rebels.

Over the years, Iran has been linked to attacks on Israeli and Jewish civilian targets in Latin America, Europe and Asia. Israel has not commented on its alleged role in the scientist's killing.

Friday's incident also follows normalization deals between Israel and the UAE and Bahrain. The agreements, met with scathing criticism from Iran, solidified an emerging regional alliance against the Islamic Republic.

Associated Press writers Laurie Kellman in Tel Aviv, Israel, Josef Federman in Jerusalem and Robert Burns in Washington contributed to this report.

Older

Rep. Scott: Do No Harm Act

Newer

Patient, Disability and Health Care Organizations Urge U.S. Supreme Court to Protect Access to Medicaid and Rule Against Work and Community Engagement Requirements

Advisor News

  • After the midterms: Addressing your clients’ tax concerns
  • Berkeley arts tax heads toward passage while public bank measure looks likely to fail
  • Americans’ sense of overall prosperity still ticks upward
  • Turning expanded eligibility into a better coverage plan for federal clients
  • Election 2026: Which of Berkeley's 7 ballot measures will pass?
More Advisor News

Annuity News

  • AM Best Affirms Credit Ratings of Knighthead Annuity & Life Assurance Company and Merit Life Insurance Co.
  • Jackson reports record annuity sales, increases share repurchase authorization
  • Why the market doesn’t need more carriers
  • Equitable, Corebridge steam toward merger with strong Q3 annuity sales
  • Jackson Announces New Annuity Offering for AARP Members
More Annuity News

Health/Employee Benefits News

  • Open enrollment is now for 2027 health insurance coverage in Illinois: What to know
  • Idaho insurance director details $13M school trust collapse
  • Insurance program's collapse detailed at ISBA conference
  • Boeing retirees ‘shocked’ by 400% jump in health insurance premiums
  • MEDICAID PAYMENT TRANSPARENCY RULES: STATE REPORTING REQUIREMENTS AND LIMITATIONS
More Health/Employee Benefits News

Life Insurance News

  • AM Best Affirms Credit Ratings of Central States Indemnity Co. of Omaha and Its Subsidiary
  • National Life Group Approves $23 Million Dividends for 2027
  • Milliman’s proposed $15.5 million settlement puts life insurance underwriting data in focus
  • Brighthouse Financial Announces Third Quarter 2026 Results
  • Prudential earnings dip as Japan sales suspension offsets U.S. growth
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Insurvoice Lets Independent Insurance Agency Owners Analyze Every Customer Call in ChatGPT or Claude
  • Spectrum Weather & Specialty Insurance Celebrates 15 Years and Welcomes the Next Generation
  • Royal Neighbors of America® Increases Service Capacity
  • Benefits Studio Launches to Fill the Missing Middle of Benefits Navigation at $49/mo
  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.