The airstrip is positioned on Abd al-Kuri Island which sits on a key waterway in the Gulf of Aden. Images depicting a nearly completed airstrip on a remote island in Yemen have analysts worried. While ...
Yemen’s Houthi rebels have released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the start of ...
The ceasefire in Gaza between Israel and Hamas stretched into a fifth day on Thursday. Humanitarian aid groups are working to ...
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 signaled they will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships as ...
The move will authorize harsher penalties on the Iran-backed group, which has attacked Israel and disrupted global shipping trade in the Red Sea for over a year.
The hiatus in Houthi attacks on Red Sea shipping is likely to further weaken falling rates in the chemical tanker sector. Investment bank Norne Securities believes a gradual return to normality in the ...
The Galaxy Leader was taken in November 2023 at the start of the Houthi attacks on shipping in the Red Sea corridor over the ...
London-listed shipbroker Braemar has painted a mixed picture for tankers if the Gaza ceasefire holds and the Houthis stop ...
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.
Yemen’s Iran-backed Houthi movement has released the crew of a cargo ship more than a year after its fighters hijacked the ...