Egypt's President Abdel Fattah al-Sisi said earlier this week that the monthly losses of the Suez Canal revenues reached around $800m due to the regional "situation", as Yemen's Houthis have been ...

As the Houthis commit to attacks on U.S. ships and war-risk premiums stay at elevated levels, ocean carriers have little ...

CAIRO (Reuters) - Egypt's President Abdel Fattah al-Sisi said on Monday that the monthly losses of the Suez Canal revenues ...

On July 1, 1905, and for a month, the Magasin d’Education et de Récréation serialized a novel by Jules Verne titled ...

Under former President Joe Biden, the U.S. and the United Kingdom began a series of airstrikes against the Houthis starting ...

The United States has launched "decisive and powerful military action" to end the threat posed to Red Sea shipping by Yemen's ...

Yemen’s Houthi rebels have warned shippers that “any Israeli vessel” traveling through nearby Mideast waters is now a target ...

In a bold move to reshape global trade maps, the $20 billion India ... security—a nod to its strategic value amid Red Sea disruptions and Suez Canal vulnerabilities. While physical ...

The key issue is the resumption of the Red Sea/Suez route, crucial for container shipping. Tanker shipping remains strong, while bulker shipping faces challenges. The shipping industry has faced ...

A critical factor for the outlook of shipping is the rerouting around the Cape of Good Hope to avoid the ‘risky’ Red Sea and Suez route. At the start of 2024, most market players expected the ...

Late intelligence from Europe indicates that France will not at present press the Suez Canal project ... while going as it does from sea to sea, it is too paltry to pretend that it is a rival ...

With supply chain risks and bottlenecks still hindering the movement of goods through the Red Sea, Suez Canal, and Panama Canal, U.S. manufacturers who move production closer to home may decrease ...