‘Hands on triggers’ over Gaza a threat to early Red Sea return
There have been “notable increases” in maritime insurance premiums, as ceasefire uncertainty clouds the prospect of…
Browsing Tag
Red Sea
Red Sea Ship Traffic Is Yet to Pick Up as Ceasefire Risks Swirl
By Alex Longley Feb 11, 2025 (Bloomberg) –Ship traffic through the Red Sea has remained slow in recent…
Suez Canal Chief Expects Traffic Recovery to Start by End-March
By Sherif Tarek Feb 10, 2025 (Bloomberg) –Suez Canal Authority chief Osama Rabie said he expects traffic…
First LNG Carrier in Five Months Passes through Bab-el-Mandeb Strait as Houthi…
Liquid natural gas producers have been avoiding the Red Sea for much of 2024 amid continuous attacks by…
Oil Executives Call for Cautious Return to Red Sea Navigation
By Georgina McCartney and Sheila Dang HOUSTON, Feb 6 (Reuters) – Oil executives called on Thursday for a…
Oil Tanker Attacked Last Year Crosses Red Sea as Houthi Ceasefire Holds
CAIRO, Feb 3 (Reuters) – Liberian-flagged crude oil tanker Chrysalis, which was attacked by Yemen’s Houthis…
Gaza ceasefire brings hope for Red Sea stability: What would that mean for rail…
Now that there is a ceasefire in Gaza, there is a prospect for stability at the Red Sea. The Houthi rebel group in…
Egypt Cautiously Optimistic Suez Canal Traffic Will Revive, Minister Says
By Mirette Magdy and Joumanna Bercetche Jan 23, 2025 (Bloomberg) –Egypt is “cautiously optimistic” a…
Shipping Giant MSC Says It Will Keep Avoiding Red Sea for Now
(Bloomberg) — Container liner MSC Mediterranean Shipping Co. SA said it will continue to send its ships…
Container teu-mile growth could go into reverse if Red Sea transits resume
Ocean container teu-mile trade grew 18% year on year in 2024, to 1,171 teu per mile, mainly due to vessel detours…