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

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.

A Gaza ceasefire could slash shipping emissions as vessels return to shorter Red Sea routes, potentially reducing maritime ...

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

Red Sea shipping remains risky despite the Gaza ceasefire and an announcement by Yemen’s Houthis to limit attacks, according ...

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

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.

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