Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World's deputy chief executive said, adding that could see freight prices "come crashing down".
Operations at a Red Sea port in Yemen used for aid imports have fallen to about a quarter of its capacity, a UN official said on Tuesday, adding it was not certain that a Gaza ceasefire would end attacks between the Iran-backed Houthis and Israel.
Despite recently touting a Suez route, Mediterranean Shipping Company (MSC) said it will stick to Cape of Good Hope until further notice.
U.S. Navy destroyers and cruisers needing to leave the ongoing battle against Iran-backed Houthi rebel missile and drone barrages in the Red Sea to reload their Mk 41 Vertical Launching System (VLS) missile cells are causing a presence gap and “a real challenge,
Liner operators led by MSC Mediterranean Shipping Company will continue to avoid the Red Sea until it is safe. That stance is reflected in liner schedules that suggest the major carriers expect to continue to use the Cape of Good Hope routes, as they have since late December 2023, for much of the remainder of 2025.
Family and friends of a Hawkwell scuba diver who remains missing after the sinking of a boat in the Red Sea have warned of the risks of dive
ATHENS (Reuters) - Maritime security officials said on Thursday they were expecting Yemen's Houthi militia to announce a halt in attacks on ships in the Red Sea, after a ceasefire deal in the war in Gaza between Israel and the militant group Hamas.
DUBAI, United Arab Emirates -- Yemen's Houthi rebels signal they will limit attacks in the Red Sea corridor to Israeli-affiliated ships.
U.S. President Donald Trump on Wednesday re-designated Yemen's Houthi movement, known formally as Ansar Allah, as a "foreign terrorist organization", the White House said.
The Iranian-backed rebel group in Yemen had earlier said they would scale back attacks given the cease-fire in the conflict in Gaza.
Yemen's Iran-aligned Houthis have released the crew of the Galaxy Leader more than a year after they seized the Bahamas-flagged vessel off the Yemeni Red Sea coast, Houthi-owned Al Masirah TV reported on Wednesday.