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Red Sea

Trump Says Houthis Will Cease Attacks on Red Sea Shipping

It remains unclear if the Houthis agreed to stop firing at U.S.-flagged ships, or all internationally-flagged…

Trump Says US Ships Should Travel Panama, Suez Canals for Free

"Egypt will not accept this cheap blackmail," said a member of Egypt's parliament in response to Trump's…

Red Sea Crisis at Center of Trump Admin’s Group Chat Gaffe

The administration accidentally leaked plans to strike the Houthis to a journalist mere hours before the…

Maersk Shareholders Vote Against Halting Military Equipment Shipments to Israel

Separate shareholder proposals called for Maersk to ban these shipments, and be more transparent in its human…

Red Sea Risks Re-Escalate as US Hits Houthis with Airstrikes

As the Houthis commit to attacks on U.S. ships and war-risk premiums stay at elevated levels, ocean carriers…

Houthis Threaten Resumption of Attacks on Israeli Ships in Red Sea

The Yemeni militant group's deadline for Israel to lift a blockade of aid to the Gaza Strip passed late…

Houthi Deadline for Gaza Aid Puts Red Sea Shipping Security in Doubt

The militant group said Friday it would resume naval operations if Israel didn't lift its blockade on…

Uncertainty Over Israel-Hamas Ceasefire Puts Red Sea Return in Peril

With tensions over the release of Israeli hostages jeopardizing the ceasefire agreement, ocean carriers would…

Maersk CEO: ‘You Get One Shot’ at Red Sea Return

Vincent Clerc stressed it would cost "hundreds of millions of dollars" if the ocean carrier brought vessels…

Suez Canal Expects ‘Further Stability’ in Coming Weeks

Suez Canal Authority chairman Osama Rabie recently met with Maersk CEO Vincent Clerc, as the ocean carrier…