Red Sea Crisis

Danish logistics conglomerate A.P. Moller-Maersk (Maersk) reported a significant improvement in its first-quarter 2025 performance, with revenue growing 7.8%

A recent ceasefire agreement between the U.S. and Yemen’s Houthi militia has raised questions about the potential impact on global shipping rates, with

A ceasefire deal between Yemen's Houthis and the U.S. does not include sparing Israel, the group said on Wednesday, suggesting its shipping attacks that have

Seafarers at Yemen’s Ras Isa Port face escalating safety concerns amid reports of vessels being forcibly detained and armed confrontations, according to

A second F/A-18 Super Hornet fighter jet from the USS Harry S. Truman aircraft carrier has been lost in the Red Sea, following an arrestment failure during

President Donald Trump announced on Tuesday the U.S. will stop bombing the Houthis in Yemen, saying that the Iran-aligned group had agreed to stop interrupting

President Donald Trump announced Tuesday that the United States will cease military operations against Houthi forces in Yemen, claiming the Iran-aligned group

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