Yemen's Houthi rebels on Wednesday released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the ...
MSC, A.P. Moller-Maersk A/S, Hapag-Lloyd AG and CMA CGM Group have all been hesitant to resume operations in the Red Sea.
The hiatus in Houthi attacks on Red Sea shipping is likely to further weaken falling rates in the chemical tanker sector. Investment bank Norne Securities believes a gradual return to normality in the ...
The Galaxy Leader was taken in November 2023 at the start of the Houthi attacks on shipping in the Red Sea corridor over the ...
An American destroyer, USS Spruance, shot down six missiles and seven drones during a recent Red Sea combat deployment.