AP reported that the ship was drifting and on fire about 225 kilometers off the coast of Hodeidah, a port city in Yemen held by the country’s Houthi rebels.

An explosion has struck a Hong Kong-flagged container ship traveling north through the Red Sea, sparking a major fire that forced its crew to abandon the vessel ...

Who are the big losers from the trade conflict and which sector shows the greatest resilience - What analysts foresee ...

Additional tariffs of 10% will be imposed on crude oil, farming equipment and machinery, passenger vehicles, trucks and ...

Five ships, Jaru Bhum, Tolten, Rhine, Meissa and Isabella Kosan carrying Container, Palm oil and Chemicals berthed at Qasim ...

Geopolitical developments in the Middle East, along with sanctions targeting the dark fleet, are expected to be key factors impacting scapping activity in 2025 ...

Scorpio Tankers on 16 January completed a $200m sale of unsecured five-year bonds at a 7.5% interest margin. One day before, ...

Explosion Forces Crew to Abandon Hong Kong-Flagged Container Ship in the Red Sea DUBAI ... from the Houthi campaign and the threat of wider oil spills. The Houthi attacks, which began in November ...

DUBAI, United Arab Emirates — An explosion has struck a Hong Kong-flagged container ship ... by burning ships from the Houthi campaign and the threat of wider oil spills. The Houthi attacks ...