Some shipping operators are opting to transit the Red Sea as attacks by Yemen’s Houthi militant group have ceased following a ...
The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...
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 ...
Houthis scaling back hostilities Response to ceasefire in Gaza Adnoc and Maersk wary of danger Two shipping giants said on Friday that they are in no rush to resume routes through the Suez Canal after ...
Red Sea Trade ... to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will continue to attack shipping, industry ...
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.
Red Sea route and the Suez Canal are "critical" for global trade flows, he said, adding: "Suez Canal handles approximately 12% to 15% of global trade. For container shipping, it's even more ...
However, shipping cannot be too certain of a Red Sea return just yet ... alongside the Cape of Good Hope route it had been regularly traversing since December 2023. But the new statement means ...
LONDON (Reuters) - Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether ...
LONDON, Jan 17 (Reuters) - Companies transporting their products around the world are not ready to return to the Red Sea trade ... disrupted global shipping and prompted route changes.