Attacks by Yemeni Houthi rebels on merchant ships in the Red Sea have hit world trade. Between November and December 2023, the number of containers travelling through the Red Sea each day fell by 60% ...

2023 ended with new disruptions for trade and supply chains following the security crisis in the Red Sea and there's no end in sight yet. To avoid Houthi militant attacks on their vessels in the Gulf ...

Attacks by Yemeni Houthi rebels on merchant ships in the Red Sea have hit world trade. Between November and December 2023, the number of containers travelling through the Red Sea each day fell by 60% ...

The Baltic Dry Index of bulk sea freight shipping rates reached its highest level in nearly five years, rising across all vessel segments, amid strong demand and tightening vessel supply.

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Yemen's Houthi rebels have attacked a commercial vessel in the Red Sea, ...

Beijing’s new ‘Ice Silk Road’ cuts through a melting Arctic, and could prompt fresh tensions with the US, say analysts.

Following improved stability in the Red Sea, shipping giant Maersk is returning to the trans-Suez route connecting the Middle East and India with the U.S. East Coast, the Denmark-based company said on ...

The Houthi militant group’s announcement of a suspension of maritime operations in the Red Sea has sent ripples through the global shipping industry, offering potential relief to an industry battered ...

Yemen’s Houthis posted a video on social media depicting a ship on fire in what appears to be a veiled threat to Red Sea shipping as tensions in the Middle East escalate again. A short video by the ...

MADRID, June 5 (Reuters) – Red Sea marine traffic has increased by 60% to 36-37 ships a day since August 2024, but is still short of volumes seen before Yemen’s Houthis began attacking ships in the ...

Just 30% of the usual shipping capacity — including container ships, bulk carriers, car carriers, and tankers carrying oil and liquefied natural gas — is still passing through the Red Sea and Suez ...