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Houthis claim 'catastrophic' attack in Red Sea as crew abandons ship

The Iran-backed Houthi group on Sunday damaged a ship offshore Yemen, prompting its crew to abandon the vessel. ....

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Shipping giant Maersk doesn't expect Red Sea transits 'anytime soon'

Maersk is warning clients that Red Sea shipping issues may extend into the second half of this year. ....

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Maersk Q4 earnings 2023: Suspends share buybacks amid Red Sea disruption

Danish shipping giant Maersk on Thursday flagged "high uncertainty" in its 2024 earnings outlook as Red Sea disruptions continue to weigh on the industry. ....

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Stocks making the biggest moves premarket: DIS, PYPL, ARMand more

These are the stocks posting the largest moves in premarket trading. ....

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AI and self-navigating ships: These stocks are poised to benefit from the trend

Shipping giants are looking to AI to develop self-navigation technology that can reduce costs and emissions on the high seas. ....

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