Red Sea Crisis

The Houthis on Wednesday claimed responsibility for another attack on a Saudi oil tanker, while UK Maritime Trade Operations (UKMTO) issued a fresh warning

An Indian-flagged cargo vessel sank in the Red Sea on Monday after being struck by what appears to have been an explosives-laden boat off Yemen, marking

By Lori Ann LaRocco – The unattributed drone attack on the Port of Damietta in Egypt is adding to fears that the war with Iran is spilling over into

Saudi Arabia on Thursday unveiled plans for a multinational maritime defense coalition aimed at protecting international shipping and energy supply routes in

The global shipping industry is warning that civilian seafarers are increasingly being caught in the crossfire of geopolitical conflicts, as attacks on

The Iran-backed Houthis claimed Tuesday they attacked a fourth Saudi-linked tanker since announcing a maritime blockade on Saudi ports, underscoring the

President Donald Trump on Thursday threatened direct military retaliation against Iran after Yemen’s Houthi movement resumed attacks on commercial shipping,

Yemen’s Houthi movement has resumed direct attacks on commercial shipping, claiming responsibility for strikes on two Saudi oil tankers just minutes

The European Union’s naval mission in the Red Sea has raised its threat assessment for the North Red Sea after Yemen’s Houthi movement expanded its

Yemen's Iran-aligned Houthis said on Monday they were imposing a naval blockade on Saudi Arabia, a move that threatens to escalate the conflict in the region

By Enas Alashray and Tala Ramadan CAIRO/DUBAI, July 15 (Reuters) – The U.S. conducted a new wave of strikes against

By Samia Nakhoul BEIRUT, July 14 (Reuters) – Having choked off shipping through the Strait of Hormuz, Iran is now signaling it could play its most

Maersk is expanding its gradual return to the Suez Canal, announcing that its MECL service linking India, the Middle East and the U.S. East Coast will once

Maersk and Hapag-Lloyd are taking another cautious step toward restoring container shipping through the Suez Canal, announcing that their AE15 service will

A.P. Moller-Maersk has sharply upgraded its financial guidance for 2026, citing stronger-than-expected demand in the global container shipping market and a

The world’s 1.8 million seafarers spend much of their careers out of sight, quietly moving the cargoes that keep the global economy running. This year,

The global shipping industry is entering a new era defined by geopolitical tension, fragile supply chains and heightened uncertainty, according to Allianz

Two merchant vessels were attacked by armed skiffs off Yemen on Sunday in separate incidents reported by UK Maritime Trade Operations (UKMTO), raising fresh

Piracy concerns are escalating rapidly off the Horn of Africa after two vessels were hijacked last week and multiple new approaches were reported across the

Singapore-based liner giant Ocean Network Express reported a modest but resilient profit for fiscal year 2025, navigating weak cargo demand, rising capacity,