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The shipping industry has been in a recession, and some market watchers expect the recent spike in rates to bring about a reversal in container liners’...
Iranian-backed Houthis have been attacking ships since November, in protest at Israel's war against Hamas.
The mysterious craft was the latest hostile incident in the Red Sea as Iran-backed Houthi rebels continue to attack ships
Shell halts Red Sea shipments due to mounting security concerns amid increasing frequency of attacks by Yemen's Houthi rebels, fueling regional tensions.
Middle East News: In an escalation of tensions in the Gulf of Aden, Houthi launched a missile strike on a US-owned ship just off the coast of Yemen on Monday. This atta