Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s ...
Top executives from the world’s biggest shipping companies have cautioned that any return to the Red Sea is likely to be slow ...
Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...
Lars Jensen, CEO of Vespucci Maritime, which provides advisory services to shipowners and traders, said early hopes of a ...
Despite a partial ceasefire by the Houthi group, Red Sea shipping traffic remains subdued as concerns over regional security persist.
French container line CMA CGM has joined Maersk in opting to keep rerouting vessels around the Cape of Good Hope.
Maersk, the world’s second-largest container line, reported solid gains in 2024 in its ocean, logistics and terminals ...
The Houthis have turned extortion into a structured business, offering shipowners a 'customer-relations' email address to negotiate payments for safe passage ...
Spanish ports experienced a 6% increase in cargo volumes as companies routed through them to avoid Red Sea conflicts. With ...
Seven of the biggest shipping companies – including CMA-CGM, Hapag-Llyod and Maersk – have suspended all journeys through the Red Sea after Houthi attacks on Israel-linked shipping near ...
Maritime security officials said on Thursday they were expecting Yemen's Houthis to announce a halt in attacks on ships in the Red Sea ... forcing firms to re-route to longer and more expensive ...
the Houthis attacked commercial vessels passing through the Bab el Mandeb Strait and the Red Sea. These attacks forced the global container and tanker shippers to re-route their journeys between ...