Shipping

By Alex Longley (Bloomberg) The cost of war-risk insurance for vessels sailing through the Red Sea is spiraling, adding a further potential impediment to

By Robert Harvey, Natalie Grover and Ahmad Ghaddar LONDON, Jan 15 (Reuters) – At least six more oil tankers were steering clear of the southern

A ship belonging to US-based Eagle Bulk Shipping (NYSE: EGLE) has been hit by a missile in the Gulf of Aden. The United Kingdom Maritime Trade Operations

By Andrew Mills and Maha El Dahan (Reuters) – Qatar’s state energy company has suspended liquefied natural gas (LNG) shipments via the

by Mahad Darar (TheConversation) The U.S.- and U.K.-led strikes on the rebel Houthi group in Yemen represent a dramatic new turn in the Middle East conflict

By Joe Cash (Reuters) China has called for an end to attacks on civilian vessels in the Red Sea that have dramatically widened the Hamas-Israel conflict and

By Ruth Liao (Bloomberg) –The cost for shippers to jump ahead of congestion at the Panama Canal has significantly dropped from multimillion-dollar

CAIRO (Reuters) – The Marshall Islands-flagged tanker seized by Iran in the Gulf of Oman on Thursday has been located east of Iran’s Qeshm

BEIRUT, Jan 14 (Reuters) – The Iran-backed Lebanese group Hezbollah said on Sunday U.S. actions in the Red Sea would harm the security of

By Idrees Ali (Reuters) – The Houthi movement threatened a “strong and effective response” after the United States carried out another strike

The Federal Maritime Commission (FMC) has announced an informal public hearing focussing the impact of conditions in the Red Sea and Gulf of Aden regions on

By Jonathan Saul and Lisa Baertlein LONDON/LOS ANGELES, Jan 12 (Reuters) – Container shipping rates for key global routes have soared

The Iranian-backed Houthis have apparently fired another missile towards a ship in the Gulf of Aden following last night’s joint military strikes by the

APM Terminals, the terminal arm of Danish shipping giant A.P. Moller-Maersk, says it will invest an initial $500 million to construct a state-of-the-art

By Ahmad Ghaddar, Robert Harvey and Jonathan Saul LONDON, Jan 12 (Reuters) – An increasing number of tanker owners steered clear of the Red Sea

The U.S. Treasury Department has imposed new sanctions on two companies based in Hong Kong and the United Arab Emirates accused of facilitating Iranian

By Farah Elbahrawy (Bloomberg) Shipping and energy stocks extended gains on Friday, after the US and UK launched airstrikes on Houthi targets in Yemen,

UPDATE HERE by Ahmad Ghaddar (Reuters) At least four oil tankers have diverted course from the Red Sea since overnight strikes by the U.S. and Britain on

By Jennifer Jacobs, Tony Capaccio and Courtney McBride (Bloomberg) — The US and its allies launched airstrikes on more than a dozen Houthi rebel targets

By Jana Choukeir, Ahmed Elimam and Robert Harvey DUBAI, Jan 11 (Reuters) – Iran seized a tanker with Iraqi crude destined for Turkey