Oil flow through Red Sea falls by 50% in ’24 – EIA
Oil flows through the Bab el-Mandeb Strait, a key chokepoint at the Red Sea's southern entrance, have fallen by…
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Cape of Good Hope
Hapag-Lloyd to offer transits in S. Arabia over Red Sea attacks
German shipping giant Hapag-Lloyd will introduce land corridors through Saudi Arabia to mitigate the impact of the…
Bunker fuel prices soar amid Red Sea diversions
Bunker fuel prices soared in Africa and the Mediterranean amid increasing demand due to the diversions in the Red…
Qatar, Russia divert vessels from Red Sea
Qatar and Russia, suppliers of liquefied natural gas, are avoiding the Suez Canal in light of heightened risks and…
Qatar Energy pauses LNG Red Sea shipping amid attacks
QatarEnergy, world's second largest exporter of liquefied natural gas (LNG), paused Red Sea, a senior source…
Red Sea attracts oil tankers despite Houthi attacks
Oil and fuel tankers have continued to navigate the Red Sea despite the ongoing Houthi attacks, a Reuters analysis…
Houthi attacks in Red Sea rise 500% sparking global shipping crisis
The Houthi attacks in the Red Sea soared by 500 per cent since the outbreak of the war on Gaza, leading to a major…
Maersk schedules Suez Canal journeys for 30+ container vessels
Denmark's Maersk schedules to sail more than 30 container vessels through Egypt's Suez Canal and the Red Sea…
‘Low Oil Prices Make Suez Canal Unattractive’: German paper
Egypt’s Suez Canal is being used by fewer ships than usual as the trade route has become more expensive than the…
Egypt says Suez Canal Project on Track, Tolls Unchanged
Transit tolls at Egypt's Suez Canal will stay largely at their current prices this year, the authority said…
