The companies that operate large container ships say they plan to keep going around Africa as violence flares in the region.
The Houthi assaults on ships in the Red Sea caused the biggest disruption to global trade since the Covid-19 pandemic, subduing activity in one of the world’s busiest maritime corridors.
US airstrikes on Yemen continued on Wednesday as Houthi rebels escalate attacks on vessels in the Red Sea and on Israel ...
US insists it will target Houthis until Yemeni group withdraws threat to Red Sea shipping. Houthi rebels have claimed another ...
U.S. strikes on Houthis in Yemen are ongoing daily and will continue until the Iran-backed terrorists stop attacking military ...
The Yemeni Armed Forces will not hesitate to target all American warships in the Red Sea and in the Arabian Sea in ...
The Yemeni militant group's deadline for Israel to lift a blockade of aid to the Gaza Strip passed late Tuesday, triggering ...
President Donald Trump on Monday said that further attacks or retaliation by the Houthis would be considered an attack by ...
The cost of shipping goods through the Red Sea is expected to remain firm after the United States carried out further ...
The group agreed to cease its strike against ships in the region in January, but warned at the time that any aggression from ...
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.
President Trump said on Wednesday that the Iran-backed Houthi militant group in Yemen would be “completely annihilated” by ...