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While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.

While the Gaza ceasefire has temporarily halted the Yemeni rebel group’s attacks on merchant shipping in the Red Sea, they still pose a growing problem for regional security. While the international ...

In recent TV remarks, Rabie provided details of the two-and-a-half-year project carried out to enhance the canal’s navigational efficiency. He explained that the development included duplicating the ...

An Omani-controlled LNG carrier is breaking cover as the first non-sanctioned LNG carrier to take the Red Sea route towards ...

Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...

Trump is ramping up military pressure on the Iran-backed Houthis, marking a dramatic shift from Biden's approach. The U.S. is ...

The move comes as the shipping industry waits for signs that vessel traffic in the Red Sea will begin to return to normal ...

Q4 2024 Earnings Conference Call February 7, 2025 4:00 AM ETCompany ParticipantsHarald Fotland - Chief Executive OfficerTerje ...

Anyone who believes that President Donald Trump will give Prime Minister Benjamin Netanyahu a free hand to reestablish settlements in Gaza, annex the West Bank, or bomb Iran’s ...

After taking office, US President Donald Trump made a series of early foreign policy moves, including deploying military ...

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...