Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...
Despite a ceasefire in Gaza and assurances from Yemen's Houthi rebels to scale back attacks on international vessels in the ...
Companies transporting their products around the world are not ready to return to the Red Sea trade route in the wake of a Gaza ceasefire deal because of uncertainty over whether Yemen's Houthis will ...
Despite all this, 60 per cent of all ships which would normally travel via the Red Sea, and over 90 per cent of the expensive ...
Big shipping companies say they won’t send vessels back to the Red Sea despite a pledge by Iran-backed Houthi militants in ...
The attacks have forced many vessels to take the longer route around Africa to avoid the Red Sea, extending journey times and adding to shipping costs.
Prior to the ceasefire, vessels chose to take the longer route around Africa to avoid attacks in the Red Sea. It remains to be seen whether commercial ships from other nations may soon return to ...
The value of Kenya’s horticultural exports declined by 12.7 percent in 2024, mainly due to transport problems on the key Red Sea route, where cargo ships have been targeted by militants.
For more than a year, the Houthis have used missiles and drones to target commercial ships and naval vessels sent to protect them in the Red Sea, once one of the world’s busiest trade routes.