“A red line may now have been crossed with the casualties,” said Peter Sand, chief analyst at Xeneta, a shipping analytics company based in Norway. Just 30% of the usual shipping capacity — including ...

Chinese state-owned shipping firm COSCO has become the latest company to suspend its routes to Israel through the Red Sea due to the threat of Houthi attacks, it has been reported. The Yemen-based ...

China, the world’s biggest exporter, says it is deeply concerned about tensions in the Red Sea that have upended global trade by forcing many shippers to avoid the Suez Canal. China has been in “close ...

Nineteen African states are looking to form a regional shipping line to ringfence some $3 billion paid to foreign freighters to import $14 billion worth of goods annually. The regional project ...