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 ...

Some shipping operators are opting to transit the Red Sea as attacks by Yemen’s Houthi militant group have ceased following a ...

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 ...

Jefferies said: “While spot freight rates on the Asia-Europe routes have been softer of late and also on the transpacific, ...

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

CAIRO (Reuters) - A fire aboard the Hong Kong-flagged ASL Bauhinia on Tuesday was not linked to Houthi attacks, the Red Sea ... cargo on board. There has been a spate of fires on board container ...

Ship Fire in Red Sea Not Linked to Houthi Attacks, Maritime Center Says CAIRO (Reuters) - A fire aboard the Hong Kong-flagged ASL Bauhinia on Tuesday was not linked to Houthi attacks, the Red Sea ...

An explosion has struck a Hong Kong-flagged container ship traveling north through the Red Sea. It sparked a major fire that ...

The Houthi attacks, which began in November 2023, have halved the number of ships passing through the Red Sea corridor, a crucial route for energy shipments and cargo moving between Asia and Europe.