Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...
French container line CMA CGM has joined Maersk in opting to keep rerouting vessels around the Cape of Good Hope.
Maersk, the world’s second-largest container line, reported solid gains in 2024 in its ocean, logistics and terminals ...
The Houthis have turned extortion into a structured business, offering shipowners a 'customer-relations' email address to negotiate payments for safe passage ...
Maritime security officials said on Thursday they were expecting Yemen's Houthis to announce a halt in attacks on ships in the Red Sea ... forcing firms to re-route to longer and more expensive ...
Spanish ports experienced a 6% increase in cargo volumes as companies routed through them to avoid Red Sea conflicts. With ...
Despite a ceasefire in Gaza and assurances from Yemen's Houthi rebels to scale back attacks on international vessels in the ...
Seven of the biggest shipping companies – including CMA-CGM, Hapag-Llyod and Maersk – have suspended all journeys through the Red Sea after Houthi attacks on Israel-linked shipping near ...
the Houthis attacked commercial vessels passing through the Bab el Mandeb Strait and the Red Sea. These attacks forced the global container and tanker shippers to re-route their journeys between ...
“The Houthi stance is part of the region’s broader geopolitical conflicts. Despite the recent truce in Gaza, hostilities between the Houthis and Israel are unlikely to subside. Tribalism and notions ...
Maritime Sources Expect Houthis to Halt Red Sea Attacks After Gaza Deal ATHENS ... The attacks have disrupted global shipping, forcing firms to re-route to longer and more expensive journeys ...