Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...
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 ...
Top executives from the world’s biggest shipping companies have cautioned that any return to the Red Sea is likely to be slow ...
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 ...
Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...
The world’s top three container operators said they fear instability in Gaza and broader regional tensions mean continued ...
An Omani-controlled ship is breaking cover as the first non-sanctioned LNG carrier to take the Red Sea route towards the Suez ...
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
USS Harry S. Truman (CVN-75) on Wednesday collided with M/V Besiktas-M in the Mediterranean Sea close to Port Said, Egypt, in ...
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.
"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 ...