More Ships May Return to the Red Sea if Houthis Hold Their Fire
Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.
Ocean Carriers Still Reluctant to Return to Red Sea
MSC, A.P. Moller-Maersk A/S, Hapag-Lloyd AG and CMA CGM Group have all been hesitant to resume operations in the Red Sea.
Houthi Threat on Red Sea Shipping Still ‘Conditional’ Despite Israel-Hamas Ceasefire
Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until further notice.
Carriers cautious on return to Red Sea as Houthis say they will end attacks
Yemen’s Houthi rebels said they will cease attacks on Israel and on merchant shipping in the Red Sea as a ceasefire between Israel and Hamas took effect
Houthis Release Hijacked Crew and Signal End to Red Sea Attacks
The Houthis said over the weekend they would stop attacking transiting vessels as long as the cease-fire holds. But big-box ship operators said it would take some time before secu
Yemen’s Houthi rebels release crew of commercial vessel seized in Red Sea in November 2023
The move by the Iranian-backed Houthis marks their latest effort to de-escalate their attacks following a ceasefire in Gaza.
Houthi rebels release crew of vessel seized in Red Sea in 2023
Yemen's Houthi rebels have released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the start of their attacks on shipping in the Red Sea corridor over the Israel-Hamas war.
Yemen’s Houthis free crew of Red Sea cargo ship after 14 months in captivity
Yemen’s Iran-backed Houthi movement has released the crew of a cargo ship more than a year after its fighters hijacked the vessel in the Red Sea, as part of its campaign of attacks in support of Hamas in its war against Israel.
Suez expansion to be operational in first quarter, canal chairman says
The new stretch of the Suez Canal near Egypt's Little Bitter Lake will be operational in the first quarter of this year, the ...
TradeWinds7h
Egypt ‘cautiously optimistic’ on Suez Canal traffic as shipping mulls Red Sea return
Egyptian officials are “cautiously optimistic” that traffic will pick up in the Suez Canal following a ceasefire in the Red ...
Suez Canal blockage cost shipping company $89 million, study finds
Suez Canal blockage resulted in a loss of nearly $89 million for the shipping company Maersk Line. This is revealed in a new ...
Egypt Cautiously Optimistic Suez Canal Traffic Will Revive, Minister Says
Egypt is “cautiously optimistic” a ceasefire between Israel and Hamas will eventually translate into a recovery in Suez Canal ...
Ship & Bunker13h
2021 Ever Given Suez Canal Blockage Caused Maersk $89 Million Loss: Report
Suez Canal blockage by the boxship Ever Given resulted in an $89 million loss for Maersk and an increase in CO2 emissions.
allAfrica.com on MSN2d
Suez Canal to Fully Operate As Major Shipping Lines Resume Transits - SCA Chairman
The Suez Canal is fully prepared to operate at maximum capacity, welcoming maritime services from major shipping lines, as global trade gradually returns to its normal flow through the canal, ...
TradeWinds3d
MSC swerves Red Sea return as CMA CGM dips a toe back in troubled waters
Liner operators led by MSC Mediterranean Shipping Company will continue to avoid the Red Sea until it is safe. That stance is ...
Rigzone1d
Minister Says Egypt Cautiously Optimistic Suez Canal Traffic Will Revive
A return to normality for the Suez Canal would be welcome news for Egypt as it looks to emerge from its worst economic crisis in decades.