Suez Canal blockage by the boxship Ever Given resulted in an $89 million loss for Maersk and an increase in CO2 emissions.

Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new ...

A return to normality for the Suez Canal would be welcome news for Egypt as it looks to emerge from its worst economic crisis in decades.

The second reason is politics. The Houthis have made it clear that any re-opening of the route is contingent on the ...

The Houthis announced that they targeted the Harry S. Truman Carrier Strike Group on Friday, casting doubt on whether the ...

Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until ...

Since the Israel-Hamas war began, the Houthis waded into the conflict with attacks on shipping routes in the Red Sea as a show of support for the Palestinians and Hamas.

Liner operators led by MSC Mediterranean Shipping Company will continue to avoid the Red Sea until it is safe. That stance is ...

MSC, A.P. Moller-Maersk A/S, Hapag-Lloyd AG and CMA CGM Group have all been hesitant to resume operations in the Red Sea.

Yemen’s Houthi rebels have released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the start of ...