Carriers were due to restart flights to hubs in the region later in the summer, but a collapse of the ceasefire between the US and Iran has extended route suspensions.
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An Asia-bound supertanker carrying Saudi oil has exited the Red Sea via the longer Suez Canal route while other vessels continue to risk the Bab el-Mandeb Strait, as Houthi threats heighten…
Qatar's new diamond exchange is an effort to diversify from the country's main exports, LNG and petroleum products, which have been severely cut as a result of the Iran war and the Strait of Hormuz…
GT Lines has launched the Khorfakkan Tanzania Express (KTX), a new shipping service linking Khorfakkan, UAE, with Dar es Salaam, Tanzania, strengthening trade connections between East Africa and the…
By Florence Tan SINGAPORE, July 27 (Reuters) – Ship traffic through Bab el-Mandeb fell on Sunday after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast, while transit through…
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