Meanwhile, some ship owners remain skeptical about the safety of passing over the Red Sea and opt for alternative, longer routes that incur greater costs ...

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

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

Air cargo should expect the loss of some consumer and retail goods volumes when ocean shipping resumes in the Red Sea and ...

Global marine fuel sales jumped in 2024 after attacks by Yemen's Houthis starting in late 2023 prompted most shipping ...

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 ...

Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s ...

Voyages through the Suez Canal and the Red Sea have not picked up after the ceasefire, according to aggregate transit data ...

While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.

Chairman Osama Rabie said the EGP 9 billion development project in the southern sector of the Suez Canal has been completed.

Vincent Clerc stressed it would cost "hundreds of millions of dollars" if the ocean carrier brought vessels back to the Suez ...

Container shipping liner Hapag-Lloyd will be able to cope with the advent of U.S. tariffs on Chinese products, its chief ...