CAIRO — The shortest shipping route from Europe to Asia remained blocked on Wednesday as eight tug boats struggled to free one of the world’s largest container ships after it ran aground in the Suez Canal. GAC, a Dubai-based marine …
The world’s biggest shipping company demanded a more effective military response to surging pirate attacks and record kidnappings off the coast of West Africa. The number of attacks on vessels globally jumped 20% last year to 195, with 135 crew …
LONDON — Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said. The possibility of more attacks …