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 their attacks on shipping in the Red Sea corridor over the Israel-Hamas war ...

Ocean container freight prices could drop by as much as 25% within a few months if Red Sea attacks are controlled, DP World's deputy chief executive told Reuters. The shipping giant emphasized 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.

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

The Yemeni rebel group says it will stop targeting vessels that transit 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 ...

Russian sanctions and potential peace agreements could affect the crude tanker market, creating balance and value for ...

The Houthis' announcement, made in an email sent to shippers, likely won't be enough to encourage global firms to reenter the ...

India's offensive and defensive responses need to be further strengthened in view of turmoil in the rules-based global order, Defence Minister Rajnath Singh said on Friday ...