There have been numerous reports (and here) that the former US Navy High Speed Vessel Swift has been attacked and apparently destroyed by a Chinese designed but possibly Iranian built C-802 anti-ship cruise missile (ASCM) while transiting the 25 mile wide Bab-el-Mandeb Strait at the southern end of the Red Sea.
Map of the Bab-el-Mandeb by Archer90
The missile was launched by a rebel group in Yemen. This not the first report of their use of anti-ship cruise missiles. They have claimed to have hit ships of the Saudi led coalition before. Plus the American built Israeli Corvette Hanit was hit by a Hezbollah launched C-802 in 2006. If we ever get in a situation like MarketTime again, there is a good possibility that even insurgent groups might have ASCMs.
The C-802 is similar in size and capabilities to the US build Harpoon. There is at least one report that the former Swift deployed Mk36 SRBOC.
Thanks to Peter for bringing this to my attention.
A photo of the vessel, severely damaged but still afloat here: http://www.marinelog.com/index.php?option=com_k2&view=item&id=23324:video-hsv-swift-hit-by-missile-attack&Itemid=231
They are also saying the damage was done by multiple shoulder launched missile (presumably anti-tank guided missiles) rather than a single ASCM.