Despite a partial ceasefire by the Houthi group, Red Sea shipping traffic remains subdued as concerns over regional security persist.
An explosion has struck a Hong Kong-flagged container ship traveling north through the Red Sea. It sparked a major fire that ...
The Wall Street Journal on MSN16d
Shippers Wary of Red Sea Routes Despite Houthi Pledge to End TargetingBig 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.
Ship traffic through the Suez Canal remains at depressed levels, despite a Houthi ceasefire last month that theoretically ...
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