Red Sea Crisis

Multiple commercial vessels anchored at Yemen’s Ras Isa port are being forcibly detained by Houthi forces despite having proper UN clearance, according

U.S. Defense Secretary Pete Hegseth warned Iran on Wednesday that it will face consequences for supporting the Houthis, even as the United States has

The U.S. military campaign against Yemen’s Houthi forces has intensified since President Trump took office in January 2025, marking a significant

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against three vessels and their owners for delivering

ADEN/WASHINGTON, April 17 (Reuters) – U.S. strikes on Yemen’s Ras Isa fuel terminal on the Red Sea coast have killed at least 74 people in the

U.S. forces have conducted strikes on the Houthi-controlled Ras Isa fuel port in Yemen as part of ongoing efforts to curtail the Iran-backed group’s

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned the International Bank of Yemen Y.S.C. (IBY) for providing

BIMCO, the world’s largest shipping association and one of the primary providers of standardized contracts and charter party agreements used in the

President Donald Trump has boasted that he’s “decimated” the Houthis, the Iran-backed militants who have attacked commercial ships transiting the Red Sea

The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has designated multiple entities and individuals involved in a maritime smuggling operation

President Trump announced today that U.S.-led strikes have “decimated” Houthi capabilities in Yemen, while issuing stark warnings to both the

Major maritime industry associations have jointly released a comprehensive security guidebook aimed at protecting vessels and crews amid escalating global

The U.S. hit targets across Yemen in airstrikes overnight, including Saada province, which Yemeni sources say is a long-time hideout for

The Israel-Hamas ceasefire has officially ended on Tuesday, with Israel resuming offensive operations in the Gaza Strip, potentially escalating maritime

Yemen's Houthis will not "dial down" their action against Israeli shipping in the Red Sea in response to U.S. military pressure or appeals from the group's

In a strongly-worded statement issued Monday, President Donald Trump warned Iran would face severe consequences for its role in Houthi attacks in the Red Sea

By Phil Stewart, Mohammed Ghobari and Gabriella Borter WASHINGTON/ADEN, Yemen, March 16 (Reuters) – The United States will keep attacking

By Phil Stewart and Mohammed Ghobari WASHINGTON/ADEN, Yemen, March 15 (Reuters) – U.S. President Donald Trump launched large-scale military strikes

The Suez Canal is effectively closed. Not officially, of course, many Russian shadow fleet and Chinese crewed ships are sailing through. But if you’re a U.S.

International container shipping company ZIM (NYSE: ZIM) has reported a remarkable recovery in 2024, posting a net income of $2.15 billion, marking a