Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...

Maersk on Thursday reported fourth-quarter profits above forecasts and said it expects earnings this year to trail last ...

Vincent Clerc stressed it would cost “hundreds of millions of dollars” if the ocean carrier brought vessels back to the Suez ...

A.P. Moeller-Maersk hiked its dividend after disruption to shipping lanes in the Red Sea pushed up rates by 38% in the fourth ...

Despite a partial ceasefire by the Houthi group, Red Sea shipping traffic remains subdued as concerns over regional security persist.

Top executives from the world’s biggest shipping companies have cautioned that any return to the Red Sea is likely to be slow ...

Lars Jensen, CEO of Vespucci Maritime, which provides advisory services to shipowners and traders, said early hopes of a ...

An Omani-controlled ship is breaking cover as the first non-sanctioned LNG carrier to take the Red Sea route towards the Suez ...

The Iran-backed Houthi group in Yemen announced their readiness to attack Israel should it resume offensive actions on Gaza.