Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.

Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take that into account when planning sea routes,

British and American ships are tentatively returning to the Red Sea after Yemen’s Houthi rebels vowed to hold off attacks on vessels linked to both nations, a sign that traffic on one of the world’s main trade routes could normalize after more than a year of disruption.

Yemen’s Iran-backed Houthi movement has released the crew of a cargo ship more than a year after its fighters hijacked the vessel in the Red Sea, as part of its campaign of attacks in support of Hamas in its war against Israel.

U.S. ships are returning to the Red Sea following promises from Yemen’s Houthi rebels to abstain from attacks on American and British vessels. The pledge, which comes after more than a year of

The Houthis have turned extortion into a structured business, offering shipowners a 'customer-relations' email address to negotiate payments for safe passage

Yemen's Houthi rebels have signaled they now will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships, just as a ceasefire in the Gaza Strip entered its second day Monday. The Houthis' announcement,

The ship was drifting and ablaze some 225 kilometers off the coast of Hodeida, a port city in Yemen held by the country's Houthi rebels