COMPANIES transporting products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of...

Shipping companies expressed caution about any quick return to the Red Sea route, after the Yemen-based Houthis signalled a pause in their attacks on...

Spokesman al-Bukhaiti says Houthis will stop operations in support of Gaza when truce comes into effect on Sunday. Houthi rebels have backed the Gaza...

Container liner MSC Mediterranean Shipping said it will continue to send its ships around Africa’s southern tip until further notice, a sign that...

The Houthis supported Gaza through the course of the 15-month-long Hamas-Israel war via a campaign of missile and drone launches and a blockade of the...

Set to stop attacks on ships except for Israeli-owned or sailing under Israeli flag Israeli ships remain banned from Red […]

Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.

Yemen’s Iran-aligned Houthis have released the crew of the Galaxy Leader more than a year after they seized their Bahamas-flagged vessel off the...

Yemen’s Houthi movement said on Monday January 20 that they will end attacks on non-Israeli shipping in the Red Sea, but, according to experts, it...

The benchmark US crude oil West Texas Intermediate (WTI) is trading around $77.85 on Friday, edging lower on an expected halt to Houthi shipping...