Sea

© Reuters. FILE PHOTO: Containers are seen stacked up on the container ship CMA CGM Benjamin Franklin at the port of Antwerp, Belgium September 23, 2022. REUTERS/Yves Herman/File Photo (Reuters) -Iranian-backed Houthi militants in…

The shipping industry in Denmark, home to some of the world’s largest firms, agreed to double wages for crew sailing through the Red Sea to compensate for the danger posed by the recent attacks. The hazard pay kicks in for the time spent…

OIL PRICE FORECAST:Most Read: What is OPEC and What is Their Role in Global Markets?Oil prices failed to maintain its momentum this week with a sharp selloff yesterday continuing through the Asian and European sessions today. US stockpile…

© Reuters. FILE PHOTO: View of containers on the methanol-fueled container vessel Laura Maersk as it sits at anchor in harbour after an official naming ceremony in Copenhagen, Denmark, September 14, 2023. REUTERS/Tom Little/File Photo…

© Reuters. FILE PHOTO: Houthi military helicopter flies over the Galaxy Leader cargo ship in the Red Sea in this photo released November 20, 2023. Houthi Military Media/Handout via REUTERS/ File Photo By Andrea Shalal WASHINGTON…

© Reuters. FILE PHOTO: The Galaxy Leader cargo ship is escorted by Houthi boats in the Red Sea in this photo released November 20, 2023. Houthi Military Media/Handout via REUTERS By Jonathan Saul, Helen Reid and Corina Pons…

© Reuters. By Phil Stewart and John Davison MANAMA/DUBAI (Reuters) -The United States on Tuesday launched a multinational operation to safeguard commerce in the Red Sea as attacks by Iran-backed Yemeni militants forced major…

OIL PRICE FORECAST:Most Read: What is OPEC and What is Their Role in Global Markets?Oil rose as much as 3% today trading above the $73 a barrel handle following escalating tensions in the Red Sea. The attacks carried out by Houthis in…

Danish shipping company Maersk has said it is pausing all journeys through the Red Sea. The decision comes after a spate of attacks on vessels launched from a part of Yemen controlled by the Houthis – an Iran-backed rebel movement. The…

New competition from TikTok in Indonesia sparked a downgrade for Sea Limited (NYSE: SE) stock on Monday, sending shares of the Singaporean e-commerce giant spiraling 7% lower through 10 a.m. ET.As Reuters reported this morning, TikTok is…