Sea freight prices could drop "at least 20%, 25%" and that could happen over two to three months, Yuvraj Narayan told Reuters ...
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.
Michael DiMino, tapped as deputy assistant secretary of defense for the Middle East, has said that the U.S. has ‘minimal to ...
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 ...
When scholars look back at the foreign policy of the last administration, they’re liable to conclude that the “Biden Doctrine ...
Ireland’s Ardmore Shipping will not be sending its product tankers back through the Red Sea any time soon. And bosses believe ...
Container liner Mediterranean Shipping Co. said it will continue to send its ships around Africa’s southern tip until further notice.
The vice president of Yemen's U.N.-recognised government on Tuesday welcomed Donald Trump's return as U.S. president, saying ...
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 ...