Red Sea Crisis

Global container shipping rates fell for a fourth consecutive week as the traditional pre-Lunar New Year cargo surge failed to materialize. Spot rates dropped

Maersk slipped into a rare quarterly loss in its Ocean division as freight rates weakened and the container giant began a cautious return to Red Sea and Suez

Ocean Network Express (ONE) slipped into the red in the third quarter of its fiscal year 2025, reporting a net loss of $88 million on revenue of $4.07 billion

Maersk and Hapag-Lloyd have announced the first structural return of a Gemini Cooperation service to the Red Sea, marking a cautious step toward

As maritime shipping weighs a tentative return to the Suez Canal after two years of Red Sea diversions, a dangerous convergence of Houthi warnings and U.S.

French carrier’s U-turn on Suez transits jolts shipper confidence and reopens questions about whether Red Sea stability is real—or just another false dawn.

The U.S. Department of the Treasury has taken a major step in its campaign against Houthi financing by directly sanctioning ship captains who delivered

Maersk said on Thursday that one of its services will resume using the Red Sea and Suez Canal this month, marking a key step towards ending two years of

A.P. Moller–Maersk has confirmed the first structural return of a major container service to the trans-Suez route, in a landmark shift marking the most

By Michelle Nichols UNITED NATIONS, Jan 14 (Reuters) – The U.N. Security Council on Wednesday asked U.N. Secretary-General Antonio Guterres to continue

Containership traffic through the Suez Canal is finally inching higher. In the week ending January 11, 26 containerships transited the canal, the highest

Maersk has completed its second Red Sea transit in nearly two years, signaling a cautious — but still tentative — return to one of the world’s most

More than three months have passed since the last Houthi attack on commercial shipping in the Red Sea, yet the Suez Canal remains well below capacity.

After nearly two years of disruption, ships from two of the world’s biggest container lines are once again sailing through the Suez Canal—a small but

A merchant vessel successfully defended against an armed assault by multiple small craft approximately 15 nautical miles west of Yemen, according to the United

A merchant vessel successfully defended against a coordinated pirate attack in the Bab-el-Mandeb off the coast of Yemen early Friday morning, marking the

Europe-Asia shippers were today informed that a second Ocean Alliance service would resume Suez Canal transits on its backhaul leg to

The Suez Canal Authority and A.P. Moller-Maersk announced today the extension of their strategic partnership agreement, marking a significant milestone in

European shipping emissions reached unprecedented levels in 2024, climbing 13% to their highest point since mandatory reporting began in 2018, despite a

The Suez Canal Authority is intensifying efforts to bring large containerships back through the strategic waterway following improved security conditions in