A U.S. Navy aircraft carrier collided with a merchant vessel in the Mediterranean Sea Wednesday night, according to a ...

The Red Sea, a critical artery for global commerce, experiences a period of cautious calm after Hamas reaffirms its ...

A Navy spokesperson said the collision did not endanger the Nimitz-class aircraft carrier USS Harry S. Truman. The situation ...

Meanwhile, some ship owners remain skeptical about the safety of passing over the Red Sea and opt for alternative, longer routes that incur greater costs ...

Some shipping operators are opting to transit the Red Sea as attacks by Yemen’s Houthi militant group have ceased following a ...

Global marine fuel sales jumped in 2024 after attacks by Yemen's Houthis starting in late 2023 prompted most shipping ...

Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier and others still ...

The world’s major shipping companies say ... Since November 2023, one month after the war in Gaza began, the Houthis have ...

The Houthis have said that their unrelenting attacks are in solidarity with Palestinians in Gaza. Shortly after a cease-fire ... Washington's partners, and Red Sea shipping. Read next ...

Ocean freight rates could drop "at least 20%, 25%" over the next two to three months if Houthi rebel attacks in the Red Sea ... U.K. after a ceasefire agreement between Israel and Hamas, but it has ...

The Houthis did not immediately acknowledge the U.N.’s decision, which came as they have otherwise been trying to deescalate their attacks on shipping and Israel after a ceasefire ... their attacks on ...

The move will impose harsher economic penalties than the Biden administration had applied to the Iran-aligned group in response to its attacks on commercial shipping in the Red Sea and against US ...