A.P. Moller-Maersk A/S has safely sailed another ship through the southern part of the Red Sea, its second successful attempt after most shipping lines have avoided the area for two years.
Backed by $1.8 billion from Hutchison, CMA CGM and Cosco, the Ain Sokhna terminal comes online amid renewed confidence in regional stability.
Add Yahoo as a preferred source to see more of our stories on Google. A year-old Navy task group assigned to stress-test unmanned surface vessels in the forbidding heat of the Middle East is making ...
A major ocean container line reversed its decision to return to the Red Sea just weeks after resuming scheduled sailings ...
A return of major liners to the Red Sea could return massive capacity to shipping and further pressure rates in an uneven market, an analyst says.