Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...
Vincent Clerc stressed it would cost “hundreds of millions of dollars” if the ocean carrier brought vessels back to the Suez ...
Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...
A.P. Moeller-Maersk hiked its dividend after disruption to shipping lanes in the Red Sea pushed up rates by 38% in the fourth ...
Despite a partial ceasefire by the Houthi group, Red Sea shipping traffic remains subdued as concerns over regional security persist.
The leader of the Houthi rebels in Yemen warned Tuesday that they are ready to mount an attack on Israel if the war in Gaza ...
An Omani-controlled ship is breaking cover as the first non-sanctioned LNG carrier to take the Red Sea route towards the Suez ...
Yemen’s Iran-backed Houthis, who control most of western Yemen including the capital, are ready to launch attacks on Israel ...
The move comes as the shipping industry waits for signs that vessel traffic in the Red Sea will begin to return to normal ...
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
Trump is ramping up military pressure on the Iran-backed Houthis, marking a dramatic shift from Biden's approach. The U.S. is ...
Trump’s proposal for the U.S. to take “ownership” over Gaza and displace Palestinians added to uncertainty over the fate of ...