Container line Maersk says the risk area from Houthi attacks has expanded further offshore lengthening the rerouted voyages and increasing costs.

Namibia, a potentially energy-rich West African country, could stimulate new crude oil trades for tankers including VLCCs and Suezmax vessels by the end of this decade.

EU naval forces have warned in a surge of events by Somali pirates that have combined with the end of the monsoon season could result more attacks on shipping.

Houthi forces in Yemen have escalated their threat against commercial shipping to include vessels headed to Israel from the East Mediterranean Sea.

Maersk has raised its 2024 earnings guidance as the prolonged crisis in the Red Sea supported rates in its ocean segment.

New rail link aims to provide logistical support to industrial and commercial ports in Saudi Arabia to boost competitiveness and support trade.

As many countries enjoy the May Day holiday spare a thought for seafarers working far away from home and running the gauntlet of geopolitical conflicts.