An oil tanker carrying crude from a Russian producer that was recently sanctioned by the US has been floating off West Coast ...
Despite a partial ceasefire by the Houthi group, Red Sea shipping traffic remains subdued as concerns over regional security persist.
Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s ...
While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.
Lars Jensen, CEO of Vespucci Maritime, which provides advisory services to shipowners and traders, said early hopes of a ...
Part of Russia's Pacific island region of Sakhalin is on high alert after a Chinese cargo ship ran aground off its southwest ...
Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...
The move comes as the shipping industry waits for signs that vessel traffic in the Red Sea will begin to return to normal ...
At least one Norwegian shipping company is ready to chance a voyage through the Red Sea. Champion Tankers’ 47,200-dwt ...
Oil company executives encourage a cautious return to oil transport through the Red Sea and the Suez Canal, according to Reuters.The Iran-backed Houthis promised to stop attacking ships in the Red Sea ...
Egypt has said Trump’s plan to displace millions of Palestinians from Gaza will “incite a return of fighting”, while Jordan ...
The US will not tolerate Iran’s destructive and destabilizing behavior and is today sanctioning an international network that ...
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