the Red Sea

Neom Hosts Show-and-Tell for Bankers as It Scours for More Cash

22 أبريل 2024 06:58 م

Hundreds of bankers will descend on Saudi Arabia’s Neom this week as developers for the futuristic city continue their hunt for new forms of funding.

Houthi Hit on Russian Fuel Has Oil Traders Recalculating Risks

28 يناير 2024 03:25 م

A missile attack on Friday on a tanker taking Russian fuel through the Gulf of Aden may prove to be a defining moment for an oil market that had previously been somewhat immune to months of Houthi militants’ attacks on merchant trade

US، UK carry out airstrikes destroying Yemen Houthis ability to attack ships

12 يناير 2024 09:03 ص

Houthis have attacked 27 ships in Red Sea since late December as a dramatic regional widening of the Israel Hamas war in Gaza, therefore, the United States and Britain launched strikes from the air and sea against Houthi military targets in Yemen and these targeted strikes are a clear message that the US, UK and allies will not tolerate attacks on their personnel or allow hostile actors to imp

Maersk Extends Red Sea Diversion and Warns Risks Will Persist

05 يناير 2024 06:18 م

A.P. Moller-Maersk A-S plans to continue diverting ships away from the Red Sea “for the foreseeable future” after pausing transits earlier this week to assess the situation

Maersk Delays Red Sea Transits Again After Ship Attacked Twice

31 ديسمبر 2023 03:43 م

A.P. Moller-Maersk A-S will delay transits in the Red Sea for 48 hours after one of its container ships was attacked twice in the waters in under a day

Half of Red Sea Container-Ship Fleet Avoids Route After Attacks

28 ديسمبر 2023 04:22 م

Half of the container-ship fleet that regularly transits the Red Sea and Suez Canal is avoiding the route now because of the threat of attacks

Iranian drone behind attack on chemical tanker in Indian Ocean، Pentagon says

24 ديسمبر 2023 05:13 م

A drone launched from Iran was responsible for an attack on a chemical tanker in the Indian Ocean on Saturday, the US Department of Defence has said

Container shipping costs increased 300%because of Houthi attacks on Red Sea carriers

21 ديسمبر 2023 08:31 م

Houthi attacks on the carriers in the Red Sea make container shipping costs to jump 300% and shipping companies shares prices to increase and earn $22 billion as these air strikes linked to the Israel-Hamas war cause shipping delays and drive up the price of goods as well as more than a hundred container ships are taking the long route to the Cape of Good Hope around Africa instead of Suez Ca

Seized Vessel in Red Sea Revives Fears of Shipping Disruptions

20 نوفمبر 2023 04:20 م

A Israeli-owned ship seized in the Red Sea by Iran-backed Houthi rebels in retaliation for the war in Gaza is raising fears over more widespread disruption in one of the world’s busiest shipping routes