Maersk released the estimates on Monday, citing attacks by Iranian-backed Houthi militants on merchant shipping in the Red Sea. The Houthi militants have said the attacks are intended to support ...

The companies that operate large container ships say they plan to keep going around Africa as violence flares in the region.

The attack on Maersk Hangzhou was the latest by Houthi militants in Yemen, who have been targeting vessels in the Red Sea since November to show their support for Palestinian Islamist group Hamas ...

TASS/. Houthis from the Yemeni rebel movement Ansar Allah claimed responsibility for the attack on the Hangzhou container ship, owned by the Danish company Maersk. "The Yemeni naval forces managed ...

In a messaging group that mistakenly disclosed plans by the US to attack Yemen's Iran-aligned Houthis to a journalist, senior ...

Danish shipping giant Maersk posted a huge drop in net profit for the first quarter on Thursday as Yemeni rebel attacks force it to avoid the vital Red Sea route. Maersk reported a net profit of $ ...

Maersk on Tuesday denied shipping arms or ammunition to Israel during its war in Gaza in response to a shareholder proposal at its annual general meeting (AGM) but acknowledged shipping military ...

The shipping industry’s increasing reliance on digitisation and the internet has made it more vulnerable to cyberattack, ...

TASS/. Yemeni Houthi rebels from the Ansar Allah movement said they had performed a drone attack on a Maersk Gibraltar container ship allegedly en route to Israel, movement spokesman Yahya Sarea said.

Maersk denies shipping arms to Israel during ... the Gaza ceasefire and an announcement by Yemen’s Houthis to limit attacks, according to the CEO of Abu Dhabi National Oil Company's logistics ...