For more than a year, the Houthis have used missiles and drones to target commercial ships and naval vessels sent to protect them in the Red Sea, once one of the world’s busiest trade routes. Shippers ...
There has so far been no sign of any significant shift by owners to run their vessels through the Red Sea again in a complex ...
Global marine fuel sales jumped in 2024 after attacks by Yemen's Houthis starting in late 2023 prompted most shipping ...
The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...
An Omani-controlled ship is breaking cover as the first non-sanctioned LNG carrier to take the Red Sea route towards the Suez ...
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The National on MSNShipping operators return to Red Sea after Houthi ceasefire but risks remainSome shipping operators are opting to transit the Red Sea as attacks by Yemen’s Houthi militant group have ceased following a ...
Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...
Red Sea Trade Route Will Remain Too Risky Even After Gaza ... aimed at ending the war in Gaza and continue its attacks on vessels or Israel if it is breached. The Houthi militia has carried ...
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"It'll definitely be a case of trialing the route, making sure that the ... Higher war risk insurance premiums, paid when vessels sail through the Red Sea, have meant additional costs of hundreds ...
Big shipping companies say they won’t send vessels back to the Red Sea despite a pledge by Iran-backed Houthi militants in Yemen not to attack them as long as a cease-fire in Gaza holds.
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