The Houthi movement in Yemen has announced it will halt its attacks on Israeli and US vessels in the Red Sea if the ceasefire agreement between Israel and Hamas is upheld. This significant declaration ...

Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will ...

Shipping companies expressed caution about any quick return to the Red Sea route, after the Yemen-based Houthis signalled a ...

The Colombo Port is losing its competitiveness as vessels bypass Colombo due to delays in turnaround time and the lax attitude of related government agencies involved in clearing containers that have ...