Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to ...

Houthi rebels in Yemen are abiding by their pledge to halt attacks on Middle East commercial shipping, an industry group said.

Lars Jensen, CEO of Vespucci Maritime, which provides advisory services to shipowners and traders, said early hopes of a ...

With tensions over the release of Israeli hostages jeopardizing the ceasefire agreement, ocean carriers would seek to avoid ...

Experts say portions of the continent are pulling apart, creating the possibility that the Horn of Africa will become an island.

The Red Sea, a critical artery for global commerce, experiences a period of cautious calm after Hamas reaffirms its ...

The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...

Ocean demand being pulled forward. The main debate regarding the container ship market is whether several factors will converge to tank rates later this year. Most industry profes ...

The move comes as the shipping industry waits for signs that vessel traffic in the Red Sea will begin to return to normal ...

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 emerged as a critical flashpoint of the conflict in the Middle East, upending global trade and maritime transport, port activity in the MENA region, and ecological balance of ...

A.P. Moeller-Maersk reported stronger than expected Q4 profit, boosted by higher freight rates due to Red Sea trade ...