There has so far been no sign of any significant shift by owners to run their vessels through the Red Sea again in a complex ...
The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...
A new study by Mote Marine Laboratory in Sarasota has revealed a potential link between red tide algal blooms and long-term ...
The Houthis have attacked more than 100 vessels in the Red Sea since Hamas’s Oct. 7 attack ... and British vessels while a cease-fire was in effect. The group also this month released 25 crew ...
The Houthi rebels also targeted navies and commercial ships linked to Israel and its allies passing through Bab al-Mandeb in the Red Sea, disrupting global trade. Israel justified its devastating ...
Arabian Gulf Business Insight on MSN21d
Shipping giants not yet ready to resume Red Sea route
Houthis scaling back hostilities Response to ceasefire in Gaza Adnoc and Maersk wary of danger Two shipping giants said on Friday that they are in no rush to resume routes through the Suez Canal after ...
Houthi representatives said that with effect from the same day, they would no longer attack US- and British-owned, managed and flagged ships transiting in the Red Sea, Bab el-Mandeb, Gulf of Aden ...
After a ceasefire between Israel and Hamas went into effect Sunday ... However, shipping cannot be too certain of a Red Sea return just yet. The center left the door open to resume attacks ...
Logistics & Services demonstrated resilience in 2024 with momentum building steadily each quarter culminating in volume growth, higher revenue and improved EBIT margin compared to 2023. Revenue grew 7 ...