European forces joined the US Navy last year in an effort to defend key shipping lanes from Houthi rebel attacks.
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for ...
Red Sea shipping remains risky despite the Gaza ceasefire and an announcement by Yemen’s Houthis to limit attacks, according ...
Yemen’s Houthi rebels have released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the start of ...
Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new ...
Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until ...
The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the ...
The Houthis' announcement, made in an email sent to shippers and others on Sunday, likely won’t be enough to encourage global ...
Egyptian officials are “cautiously optimistic” that traffic will pick up in the Suez Canal following a ceasefire in the Red ...
Yemen's Houthis have indicated they will restrict their Red Sea attacks to vessels linked with Israel amid a ceasefire in ...