A.P. Moeller-Maersk reported stronger than expected Q4 profit, boosted by higher freight rates due to Red Sea trade disruption.

compared with the $12.1 billion achieved last year and the $7.4 billion predicted by analysts. It said the wide forecast range hinged on the situation in the Red Sea, avoided by Maersk for over a ...

compared with the US$12.1 billion achieved the year before and the US$7.4 billion predicted by analysts. It said the wide forecast range hinged on the situation in the Red Sea, avoided by Maersk ...

SINGAPORE – The lifting of sanctions on US and British ships in the Red Sea by a Yemeni rebel group could spur shipping lines to return to the area and cause “severe disruption” to shipping ...

British and American ships are tentatively returning to the Red Sea after Yemen’s Houthi rebels vowed to hold off attacks on vessels linked to both nations, a sign that traffic on one of the ...

Houthi rebels have turned a crucial shipping route in the Red Sea into a zone of terror. WSJ goes inside the operations of a U.K. unit handling distress calls from ...

U.S. ships are returning to the Red Sea following promises from Yemen’s Houthi rebels to abstain from attacks on American and British vessels. The pledge, which comes after more than a year of ...

Last year, a top Sudanese general said Russia had asked for a fuelling station on the Red Sea in exchange for weapons and ammunition. Sharif said such a station presented no threat to any other ...

In January, the Houthis announced they would only attack Israeli-linked ships following the ceasefire in Gaza, heightening hopes of a return to the Red Sea and Suez Canal. The return of northbound ...

Maersk on Thursday said it expects to grow its business to track an expected 4% growth in global container shipping this year ...

Yemen’s Iran-backed Houthi movement has released the crew of a cargo ship more than a year after its fighters hijacked the vessel in the Red Sea, as part of its campaign of attacks in support of ...

European naval forces destroyed nearly two dozen missiles and drones launched by the Houthis in almost a year of combat operations in the Red Sea. The European Union launched Operation Aspides in ...