Tag: Red Sea
Egypt launches Red Sea Marassi project, LE 900 billion
Egypt announces the Red Sea Marassi initiative with a pledged LE 900 billion outlay. The source text offers no further…
Explosion Reported Near Tanker Off Saudi Port of Yanbu
British security firm Ambrey said a Liberia-flagged, Israeli-owned tanker reported an explosion southwest of the Red Sea port city of…
Spain reassumes command of Operation EUNAVFOR Atalanta in the Indian Ocean and the Red Sea
The European Union naval mission is aimed at combating piracy and protecting maritime traffic
Houthis Profit from Red Sea Ship Tolls Amidst Regional Power Struggle
UN report reveals a lucrative, covert toll system generating substantial revenue for Houthi forces in Yemen.
Container Shipping Industry Sees Profits Surge Amid Record Volumes and Rising Rates
Market Conditions and Red Sea Disruptions Drive Earnings Growth for Major Carriers
Houthi Missile Strikes Shatter Red Sea Calm
Merchant Vessel Targeted in the Gulf of Aden