Meanwhile, some ship owners remain skeptical about the safety of passing over the Red Sea and opt for alternative, longer routes that incur greater costs ...

Some shipping operators are opting to transit the Red Sea as attacks by Yemen’s Houthi militant group have ceased following a ...

The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...

With tensions over the release of Israeli hostages jeopardizing the ceasefire agreement, ocean carriers would seek to avoid ...

Iran’s deployment of a new drone carrier should be seen as the first in a series of steps forward for its navy.

Ship traffic through the Red Sea has remained slow in recent weeks despite a prolonged period without attacks from Yemen’s ...

Last week, the Islamic Revolutionary Guard Corps Navy (IRGCN) gained an interesting new addition – the Shahid Bagheri, ...

While the head of the Suez Canal expects shipping to normalize by late March, container shipping lines see a longer timeline.

The Chinese cargo vessel An Yang 2 broke down off the coast of Sakhalin. The ship suffered a hull breach and ran aground near the port of Nevelsk. Onboard are 2,200,000 pounds of coal, 1,500,000 ...

The market expects the total bill for the disaster to be about $1.5bn, although some other estimates put it as high as $4bn, ...

Earlier this year, hundreds of volunteers in southwestern Russia spent weeks trying to contain a massive fuel oil spill from ...

The move comes as the shipping industry waits for signs that vessel traffic in the Red Sea will begin to return to normal ...