Suez Canal blockage by the boxship Ever Given resulted in an $89 million loss for Maersk and an increase in CO2 emissions.
Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal ...
Yemen’s Houthi rebels have signaled they will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships as ...
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.
Yemen's Houthi rebels have released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the start of ...
Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World's deputy chief executive ...
Egyptian President Abdel-Fattah al-Sisi urged here on Thursday intensified efforts to maintain peace and security in the Red ...
Maritime transport has chokepoints. The Suez Canal and the Panama Canal are critical, narrow maritime passages that provide shortcuts on lengthy maritime journeys.
The latest figures from the World Container Index, released by Drewry on 23 January 2025, confirm a drop in average spot rates for container shipping on major global routes, with a particularly steep ...