The shift comes in reaction to the growing possibility of a military confrontation between the United States and Iran.
Despite ceasefire agreements signed in the region in 2025, shipping companies continue to avoid the Red Sea. Security ...
French shipping group CMA CGM issued a statement Saturday asking its vessels in the Gulf to "take shelter" and suspending any ...
Egypt’s Suez Canal Authority said Sunday the global shipping lane has returned to growth, generating $449 million in revenues since the start of 2026, up from $368 million over the same period in 2025 ...
Exporters fear higher logistics and insurance costs due to the Middle East conflict, warning that shipment delays and rising freight rates may disrupt trade and strain margins.
The Suez Canal Authority expects more global shipping lines to return to the waterway following the signing of a Gaza peace pact. The summit held in Sharm El Sheikh last month “succeeded in promoting ...
Maersk heralded its return to the Red Sea with the sailing of Maersk Detroit, but that ship has diverted to the Cape and another has turned tracking off.
Egypt's Suez Canal revenues rose 14.2% year-on-year between July and October, the canal authority said on Tuesday, citing calmer conditions in the Red Sea after a ceasefire in Gaza and a pick up in ...
French shipping group CMA CGM issued a statement Saturday asking its vessels in the Gulf to "take shelter" and suspending any passage through the Suez Canal because of the conflict in the region.