The Yemeni Armed Forces have announced a complete ban on Israeli ships passing through key waterways, including the Red Sea, ...

A laden LNG carrier on charter to an energy major which appeared to be heading southbound through the Red Sea is bound for ...

Ship traffic through the Red Sea has remained slow in recent weeks ... In the meantime, shippers continue to favor the longer but safer route around the southern tip of Africa. The Iran-backed Houthis ...

LNG tankers have largely avoided taking the Red Sea route after Yemen-based Houthi militants began attacking vessels since November 2023 in support of Gaza Palestinian militants fighting Israel.

CMA CGM also mentioned that container shipping market in 2025 will also be shaped by deliveries of new vessels and developments around the Red Sea routes. Against this backdrop, the company ...

Suez Canal Authority Chairman Osama Rabie has confirmed that the Red Sea crisis has not led to the development of a viable alternative route to the ... have attacked vessels in the Red Sea area ...

The world’s ocean carriers, which transport global trade on giant container ships, are under pricing pressure to start 2025.

While Red Sea conflict and the U.S. trade war depress container shipping rates, logistics services providers advise ...

Despite the partial truce from the Houthis, ship traffic through the Red Sea and the Suez Canal has remained slow as the world’s top shipping firms continue to prefer the longer route via the ...

Taiwanese container line Yang Ming Marine Transport has posted a massive rise in 2024 earnings as excess capacity was soaked up by longer routes and port congestion. The shipowner said net profit last ...

Suez Canal Chief Says Red Sea Crisis Did Not Create Sustainable Route to Replace Canal CAIRO ... Iran-backed Houthi militants have attacked vessels in the Red Sea area since November 2023 ...