The tensions in the Red Sea have led several shipping companies to divert their ships from the Suez Canal, where 12 percent of global trade used to cross, to the much-longer Cape of Good Hope.
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Suez Canal Expects ‘Further Stability' in Coming WeeksSuez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...
Ship traffic through the Suez Canal remains at depressed levels, despite a Houthi ceasefire last month that theoretically ...
Despite a ceasefire in Gaza and assurances from Yemen's Houthi rebels to scale back attacks on international vessels in the ...
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