A shipping advisory that Maersk released on Wednesday showed that several of its vessels were headed for the Suez Canal, which lies at the northern end of the Red Sea and handles about 12 percent ...
Maersk Line, a Danish company, said it hoped to start a trend by having its ships use low-sulfur fuel when they are in pollution-heavy Hong Kong. The European Union, the United States and other ...
The Sounion, which was struck on August 21 in Red Sea laden with about one million barrels of crude oil, was towed without an ...
Tariffs are rising around the world and Donald Trump could trigger a global trade war if he is elected U.S. president in November. The world’s logistics industry knows this only too well, none ...
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The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters are ...
Yemen’s Houthi rebels fired a missile into central Israel early Sunday — prompting Prime Minister Benjamin Netanyahu to warn that Israel would “exact a heavy price” over the attack.
CAIRO, Sept 16 (Reuters) - The U.S. offered to recognize the Houthi government in Sanaa in a bid to stop the Yemeni rebel group's attacks, a senior Houthi official said on Monday, in remarks that ...
Brig. Gen. Yahya Saree, a Houthi military spokesperson, claimed it was the third MQ-9 drone downed by the group in a week.
Iran is helping the Houthi rebels in Yemen target U.S. Reaper drones, which has enabled the Houthis to shoot down or damage several of the massive, unmanned aircraft, say two U.S. officials.
Among European green pioneers, wind farm developer Ørsted and battery maker Northvolt have struggled in recent months. Ørsted in August scrapped plans for a flagship green-fuels plant while Northvolt ...
A.P. Møller-Mærsk A/S engages in shipping, energy, transportation, offshore drilling, and retail activities. It operates through the following segments: Ocean, Logistics and Services, Terminals ...