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.

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

Due to global turmoil, the importance of the Middle Corridor has grown exponentially. However, the Caspian Sea continues to ...

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 ...

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

An oil tanker that burned for weeks in the Red Sea and threatened a major oil spill has been “successfully” salvaged, ...