Commercial ships can safely pass through the Red Sea again:

Maersk Welcomes Operation Prosperity Guardian in the Red Sea

Maersk Welcomes Operation Prosperity Guardian in the Red Sea In a significant development for the shipping industry, Maersk, the world’s largest shipping firm, has announced that commercial vessels can now safely navigate the Red Sea, thanks to the implementation of a new security initiative. The initiative, known as Operation Prosperity [...]

The Impact of Houthi Attacks on Global Trade: Rerouting and Potential Disruptions

The Impact of Houthi Attacks on Global Trade: Rerouting and Potential Disruptions

The Impact of Houthi Attacks on Global Trade: Rerouting and Potential Disruptions In recent times, the Red Sea has become a zone of concern as Yemen’s Houthi rebels have intensified their attacks on commercial vessels, prompting some of the world’s leading shipping companies and oil giants to rethink their routes. [...]