Attacks on vessels in the Red Sea by Iran-aligned Houthi militants have disrupted a shipping route vital to east-west trade, with prolonged re-routing of shipments pushing freight rates higher and ...

A ship traveling through the narrow Bab el-Mandeb Strait off the Red Sea has come under attack in an assault likely carried ...

A ship traveling through the Bab el-Mandeb Strait was attacked by suspected Houthi rebels, marking the end of an 18-day pause ...

A.P. Moller-Maersk (OTCPK:AMKBF) (OTCPK:AMKBY) reported Thursday that Q3 net profit jumped by nearly 6x as continued disruptions in Red Sea shipping lanes pushed freight rates higher. The company, ...