Analysis by S&P suggested that the “ceasefire is very likely to collapse beyond its initial phase” as it assessed that the ...

Following the ceasefire agreement between Israel and Hamas, Yemen's Houthi rebels have also declared a truce in the Red Sea.

Four of the port's five tugboats needed to escort the large ships bringing imports had sunk, while the fifth was damaged, a ...

Houthi attacks in the Red Sea date back to November 2023, when rebels attacked the British-owned Galaxy Leader cargo ship and ...

Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until ...

ZIM Integrated Shipping struggles with oversupply and lower shipping rates. See why ZIM stock may retest 2023 lows amid ...

Operations at a Red Sea port in Yemen used for aid imports have fallen to about a quarter of its capacity, a UN official said ...

Liner operators led by MSC Mediterranean Shipping Company will continue to avoid the Red Sea until it is safe. That stance is ...

Yemen's Iran-backed Huthi rebels said Tuesday they would limit their Red Sea attacks to vessels linked to Israel during the ceasefire in the Gaza war.

There is unlikely to be a quick shift from airfreight to ocean following the Israel-Hamas ceasefire that aims to end a ...

The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the ...

Houthis will stop attacking Western ships in the Red Sea and will only target Israel-affiliated vessels. Read more.