Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World's deputy chief executive said, adding that could see freight prices "come crashing down".
Yemen’s Houthi rebels have signaled they will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships as a ceasefire in the Gaza Strip takes hold.
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 on Tuesday, adding it was not certain that a Gaza ceasefire would end attacks between the Iran-backed Houthis and Israel.
Yemen’s Houthi rebels said they will cease attacks on Israel and on merchant shipping in the Red Sea as a ceasefire between Israel and Hamas took effect
The Houthis said over the weekend they would stop attacking transiting vessels as long as the cease-fire holds. But big-box ship operators said it would take some time before secu
DUBAI, United Arab Emirates — Yemen’s Houthi rebels signaled Monday they now will limit their attacks in the Red Sea corridor to only Israeli-affiliated ships after a ceasefire between Israel ...
Yemen's Houthis will limit their attacks on commercial vessels to Israel-linked ships after the Gaza ceasefire came into
Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until further notice.
The Galaxy Leader was taken in November 2023 at the start of the Houthi attacks on shipping in the Red Sea corridor over the Israel-Hamas war.
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 comes ahead of the anticipated truce set to take effect soon.
If President Donald Trump’s personnel moves are any tell, he may come out of the gate toward Iran with a tone that is more diplomatic than combative.