Egypt's Suez Canal has seen a sharp revenue drop of 60 percent and a 49PC decline in ship traffic since the beginning of 2024, as unrest in the Red Sea region disrupts global shipping.
The vessels had departed from Yemen carrying 310 people. Coast guards have confirmed 115 survivors have been found.
A.P. Moller Maersk A/S and Hapag-Lloyd AG, the two container giants starting a vessel-sharing cooperation, plan to begin ...
The U.N. migration agency says two vessels carrying migrants from Africa sank in the Red Sea off the coast of Djibouti, ...
Egypt, Somalia and Eritrea pledged to co-operate to prevent interference in the affairs of any state in the Horn of Africa, ...
By February this year, the ‘Red Sea crisis’ had escalated to become a major issue for the international telecoms community, ...
With ongoing international support, Somalia's new peacekeeping mission has the potential to stabilize the country and prevent ...
Many economies in the Middle East, Europe, Asia, and Africa rely heavily on the Red Sea shipping lane for exports and imports ...
Today, President Abdel Fattah El-Sisi heads to the Eritrean capital, Asmara, upon an invitation from Eritrean President ...
Red Sea’s ship traffic falls 56% as vessels reroute around Cape of Good Hope following retaliatory attacks by Houthis - Anadolu Ajansı ...
Egypt is rallying Somalia and Eritrea to a new loose security alliance that may further widen tensions in the Horn of Africa.
India’s sea trade with Europe, the Americas and North Africa is expected to take longer to normalise, given the intensifying ...