UK to create £50 billion defense export facility, Starmer says, marking a major expansion of British defense industry exports.

Maersk and Hapag-Lloyd resume some Suez Canal sailings under Gemini network, hitting shares of both companies on freight rate impact concerns.

Shipping groups Maersk and Hapag-Lloyd will resume some sailings through the Suez Canal under their Gemini joint network, Maersk said, hitting shares of both companies because of the potential impact on freight rates.

Hapag-Lloyd resumes Red Sea routing for SE3 service with immediate effect, ending Cape of Good Hope detour

Hapag-Lloyd announced that, with immediate effect, its SE3 service will sail via the Red Sea route instead of rounding the Cape of Good Hope.

Maersk to sail via Trans-Suez route instead of Cape of Good Hope, rerouting vessels through the Suez Canal.

Maersk will now sail via the Trans-Suez route instead of transiting via the Cape of Good Hope.

IMO chief Arsenio Dominguez calls for urgent international action to free 44 seafarers held by pirates on three hijacked vessels in Somali waters, warning crews face critical food and water shortages amid escalating piracy in the Red Sea and Gulf of Aden.

IMO Secretary-Arsenio Dominguez on Monday called for urgent international action to secure the release of 44 seafarers held captive by pirates aboard three hijacked vessels in Somali waters, warning the crews face critically low supplies of food and water under constant threat of violence.