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  1. 6 hours ago · The Houthis in recent months have stepped up attacks on shipping in the Red Sea and the Gulf of Aden, demanding that Israel end the war in Gaza, which has killed more than 36,000 Palestinians there.

  2. 10 hours ago · Dubai: Yemen 's Houthis said on Wednesday they targeted six ships in the Red Sea, Arabian Sea, and Mediterranean Sea, including Marshall Islands-flagged bulker Laax that was damaged after a Houthi ...

  3. 6 hours ago · The Red Sea situation is having a knock-on effect globally as a ’40 foot container from Asia to the US has risen by $1,000 to $4,333, while from Asia to Europe, it is up to $5,495.

  4. 8 hours ago · Amid the ongoing Red Sea shipping crisis that has forced global shipping lines to take longer routes, United Nations Trade and Development (UNCTAD) has said that global trade disruptions are causing ships to spend more days at sea causing a surge in the emission of greenhouse gases. Since the ...

  5. 5 hours ago · The Houthis have attacked, and in some cases, hijacked more than 40 ships in the Red Sea and Gulf of Aden since Israel’s war in Gaza began. Some 15% of global sea trade and $1 trillion worth of goods passes through the Red Sea ordinarily, but many shipping companies have altered their routes to avoid it.

  6. May 30, 2024 · Nujuma, a Ritz-Carlton Reserve, the first Ritz-Carlton Reserve in the Middle East opened its doors on Ummahat Island in the tranquil waters of The Red Sea on May 28, 2024. The private island retreat is nestled within the captivating Blue Hole cluster of islands, where pristine coral reefs thrive beneath the surface and the celestial canopy above paints an endless tapestry of stars. Inspired by ...

  7. 20 hours ago · Asian and European stock markets slid Wednesday on worries over the global interest-rate outlook, while oil extended gains after an attack on a ship in the Red Sea stoked worries about crude supplies.

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