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 ...

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 ...

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

Yemen’s Houthi rebels, which control large swathes of the country’s territory, have been attacking ships crossing the Red Sea ...

The UN official in charge of the International Maritime Organisation is planning to strengthen the agency in Egypt in ...

Despite the Houthis' promise of safe passage, Chinese vessels remain at risk of being wrongly targeted The crisis presents an opportunity for China to take more decisive action, including jointly with ...

The diplomatic effort comes as Egypt grapples with a 60 per cent drop in Suez canal revenue over the past 11 months -- a ...