Security concerns in the Red Sea region, particularly around the Suez Canal, have made it more difficult for companies to rely on sea freight. Shipping lines have been forced to divert vessels, change ...
Yemen’s Houthis have signalled a halt to their attacks on Israel and commercial ships in the Red Sea following the ceasefire ...
DUBAI, United Arab Emirates — Undersea cable cuts in the Red Sea disrupted internet access in parts of Asia and the Middle East, experts said Sunday, though it wasn’t immediately clear what caused the ...
(Bloomberg) -- Red Sea disruptions — a consequence of Houthi maritime attacks — have cost Egypt at least $7 billion in Suez Canal revenue this year, the country’s presidency said in a statement ...
Internet watchdog NetBlocks reported that subsea cables in the Red Sea near Saudi Arabia were damaged, according to Reuters. This has disrupted connectivity across Asia and the Middle East, with ...
LONDON (Reuters) -Fuel oil used in ships and power plants is seeing unexpected demand, with efforts to curb its use more than offset by an expanding shadow fleet of oil tankers serving Russia and ...
A.P. Moeller-Maersk swung to a better-than-expected net profit in the fourth quarter, as Red Sea disruption supported higher shipping rates. The Danish shipping company said it made $2.085 billion in ...
LONDON, Oct 2 (Reuters) - Fuel oil used in ships and power plants is seeing unexpected demand, with efforts to curb its use more than offset by an expanding shadow fleet of oil tankers serving Russia ...