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

Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire ...

Lars Jensen, CEO of Vespucci Maritime, which provides advisory services to shipowners and traders, said early hopes of a ...

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

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

An Omani-controlled LNG carrier is breaking cover as the first non-sanctioned LNG carrier to take the Red Sea route towards ...

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

Maersk on Thursday said it expects to grow its business to track an expected 4% growth in global container shipping this year ...

Supply chains have had to deal with higher shipping costs, product delivery delays, and increased carbon emissions as a ...

Maersk hiked its dividend after posting a better-than-expected fourth-quarter swing to profit, with results boosted by higher ...

The volume of goods moving through Spanish ports rose by 6% in 2024 after they became the first point of call in Europe for ...

An explosion has struck a Hong Kong-flagged container ship traveling north through the Red Sea. It sparked a major fire that ...