The companies that operate large container ships say they plan to keep going around Africa as violence flares in the region.

Egypt's President Abdel Fattah al-Sisi revealed that the Suez Canal faces monthly losses of $800 million due to regional ...

WASHINGTON : Attacks by Houthi rebels in Yemen have forced three-fourths of US-flagged ships to avoid the Red Sea and instead ...

The Houthis began targeting commercial shipping on November 19, 2023, and claimed their first attack on a U.S. warship on January 9, 2024. In response, the UN Security Council passed Resolution 2722 ...

Sisi said on Monday that the monthly losses of the Suez Canal revenues reached around $800 million due to the regional ...

As the Houthis commit to attacks on U.S. ships and war-risk premiums stay at elevated levels, ocean carriers have little incentive to traverse the Red Sea.

Now, more than a year later, the operation has failed to secure Red Sea shipping lanes. The volume of traffic through the Suez Canal remains roughly 50 per cent lower than pre-November 2023 ...

WASHINGTON - Attacks by Houthi rebels in Yemen have forced three-fourths of US-flagged ships to avoid the Red Sea and instead ...

The Suez Canal is continuing its strategy to develop the waterway, pointing to the completion and operation of the southern ...

Egyptian President Abdel Fattah al-Sisi said Monday evening that regional instability costs the country roughly $800 million ...

The Yemeni Armed Forces will not hesitate to target all American warships in the Red Sea and in the Arabian Sea in ...

(MENAFN- Daily News Egypt) The chairperson of the Suez Canal Authority (SCA), Admiral Osama Rabie, has discussed the impact of developments in the Red Sea region with Soren Toft, the CEO of ...