One of the U.S. Navy's eleven aircraft carriers collided with a Panama-flagged merchant ship Wednesday off the Egypt coast near the Suez Canal.

Dependence on foreign shipping companies costs Pakistan's economy $6-8 billion a year: report. Find the latest news from the maritime industry on the PortNews website.

The Red Sea crisis has severely disrupted global trade, increasing shipping costs, rerouting maritime traffic, and causing ...

Upon learning of Hamas’ machinations in suspending the release of the hostages, Trump declared a complete cancellation of the ceasefire if all remaining hostages are not released by Saturday at 12 n ...

Ocean demand being pulled forward. The main debate regarding the container ship market is whether several factors will converge to tank rates later this year. Most industry profes ...

More than half (54%) of respondents in the Drewry survey believe full-scale Suez Canal transits will resume before the end of ...

Air cargo should expect the loss of some consumer and retail goods volumes when ocean shipping resumes in the Red Sea and ...

The disruption comes as Russia's wider oil exports have plunged — albeit following an unusually long storm that halted flows ...

Chairman Osama Rabie said the EGP 9 billion development project in the southern sector of the Suez Canal has been completed.

A shipment of ammonia not linked to Iranian suppliers has passed through the Bab Al-Mandab Strait and into the Red Sea for ...

An Omani-controlled ship is breaking cover as the first non-sanctioned LNG carrier to take the Red Sea route towards the Suez ...

The Navy's decision to stay silent amid the negotiations with Panama makes it difficult to accurately determine just how much ...