The shift comes in reaction to the growing possibility of a military confrontation between the United States and Iran.

An illustration of opening of the Suez Canal in 1869 Public domain via Wikimedia Commons On November 17, 1869, the esteemed guests of Ismaʻil Pasha, Ottoman viceroy of Egypt, gathered on the ...

CAIRO, Aug 5 (Reuters) - Egypt on Thursday opens the New Suez Canal, an extension which flanks the existing 145-year-old waterway and part of a larger undertaking to expand trade. Here are some acts ...

In the past few months, global trade has been held back by disruptions at two critical shipping routes. Attacks on vessels in the Red Sea area reduced traffic through the Suez Canal, the shortest ...

Rerouting of maritime trade due to disruptions in the Suez Canal and Panama Canal is impacting different shipping segments in unique ways. Here we explain key concepts vital to understanding shipping ...

BP announced Monday that it had decided to pause all shipments through the Red Sea. It comes after shipping giants MSC, Hapag-Lloyd, CMA CGM and Maersk all announced a suspension of travel through the ...