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

An agreement signed years ago for the creation of a Russian naval base in Sudan remains on the table following talks in ...

Oil executives called on Thursday for a return to navigation through the Red Sea en route to the Suez Canal following a halt ...

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

Maersk returned $1.6bn to shareholders during 2024 through dividends and share buybacks. In February last year, the buyback ...

Aircraft carrier USS Harry S. Truman (CVN-75) pulled into Souda Bay, Greece on Thursday for a port call following 50 days in ...

Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to ...

The Federation of Telangana Chambers of Commerce & Industry (FTCCI), on the other hand, urged Union finance minister Nirmala Sitharaman to extend the house rent allowance (HRA) exemption benefit ...

Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and AMAALA, has introduced its new residential property brand, Red Sea Residences. This marks a ...

Shipping companies expressed caution about using the shorter route between Asia and Europe that many ships have avoided for more than a year.

The conditional halt to Houthi attacks on shipping will not lead to any immediate change in the boundaries of the high-risk ...

Shipping companies expressed caution about any quick return to the Red Sea route, after the Yemen-based Houthis signalled a pause in their attacks on commercial vessels. Container giant A.P ...