A Gaza ceasefire could slash shipping emissions as vessels return to shorter Red Sea routes, potentially reducing maritime ...
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for ...
Suez Canal blockage by the boxship Ever Given resulted in an $89 million loss for Maersk and an increase in CO2 emissions.
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.
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.
Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new ...
Yemen’s Houthi rebels have signaled they will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships as ...
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.
The second reason is politics. The Houthis have made it clear that any re-opening of the route is contingent on the ...
Hapag-Lloyd reiterated it will return to the Red Sea "when it is sufficiently safe to do so," while Maersk said it was too ...
Comments by Frontline Management's chief executive Lars Barstad reflect scepticism in shipping circles about improved safety ...
“Russia does not condone the actions of the Houthis and condemns any steps that impeded freedom of navigation in the Red Sea, ...