DNB estimates average one-year time charter rates for a 6,500 CEU pure car carrier of $44,400 per day for 2025, compared to $103k per day in 2024). Next year it forecasts $26,300 per day and $21,900 ...

Supply chains have had to deal with higher shipping costs, product delivery delays, and increased carbon emissions as a result of this diversion. The Gaza ceasefire gave some hope that the disruption ...

CAIRO (Reuters) - A fire aboard the Hong Kong-flagged ASL Bauhinia on Tuesday was not linked to Houthi attacks, the Red Sea and Gulf of Aden Joint Maritime Information Center said on Wednesday. The ...

Despite a ceasefire in Gaza and assurances from Yemen's Houthi rebels to scale back attacks on international vessels in the ...

From public parades to traditional dances, here's how countries around the world are celebrating the Year of the Snake.

Rising mountain peaks and sharp rock formations cover the ocean floor, with corals, sponges, fish, and tons of sea creatures ...

Six ships linked to the U.S. and U.K. have successfully transited the area without coming under attack since January 19.

The Boston Red Sox are inviting the top position prospect in baseball to Spring Training. Boston announced Tuesday that ...

U.S. ships are returning to the Red Sea following promises from Yemen’s Houthi rebels to abstain from attacks on American and ...

An explosion forced the crew of a Hong Kong-flagged container ship to abandon the vessel Tuesday near the coast of Yemen, ...

An explosion has struck a Hong Kong-flagged container ship traveling north through the Red Sea, sparking a major fire that ...

Impressive numbers have added up to a very impressive first sailing year for Royal Caribbean's Icon of the Seas!