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The Houthis will resume attacks on commercial ships in the Red Sea if those ships have ties to companies that work with ...
Global container losses at sea rose to 576 in 2024, more than double the record-low 221 containers lost in 2023, according to the World Shipping Council’s (WSC) latest Containers Lost at Sea report.
Through the cooperation between the Saudi Red Sea Authority (SRSA) and the General Authority for Survey and Geospatial Information (GEOSA), the first high-precision nautical chart, in both paper ...
Still, that may be cheaper than using the Red Sea. Insurance costs for using the shorter route have shot up 20-fold, says Thomas Nordberg, of The Swedish Club, an insurer. Chart: The Economist ...
The day prior, 2,000 miles away in the Red Sea, the U.S. Navy destroyer Carney successfully shot down three Iranian drones and an anti-ship ballistic missile fired by Houthi forces.