Several firms have paused shipments through the route after vessels were attacked by Houthi rebels in Yemen. The world's second largest shipping line, Maersk, ...
The US has announced the creation of a multinational operation to safeguard commerce in the Red Sea following a series of missile and drone attacks by ...
Several liquefied natural gas (LNG) vessels have changed their courses in recent days to avoid the Red Sea region amid maritime attacks by Yemen's ...
Oil prices were little changed on Tuesday as investors eyed the impact on oil supply after attacks by Yemen's Iran-alignedโฆ
As a safety precaution, some vessels are attempting to mask their positions by pinging on other locations when entering the Yemen coastline, ...
Announcement comes after BP paused all of its tanker journeys over safety concerns after Iran-backed Houthi soldiers stepped up attacks.
About 20 Maersk vessels, waiting on both sides of the Suez Canal, will now change course and sail the long way around the continent, the Copenhagen-based ...