European forces joined the US Navy last year in an effort to defend key shipping lanes from Houthi rebel attacks.

Ships not linked to Israel could begin returning to the Red Sea in as little as two weeks, DP World's deputy chief executive said, adding that could see freight prices "come crashing down".

Yemen's Houthi rebels said Wednesday they released the crew of the Galaxy Leader, a vehicle carrier seized in November 2023 at the start of their attacks on shipping in the Red Sea corridor over the Israel-Hamas war.

Yemen’s Iran-backed Houthi movement has released the crew of a cargo ship more than a year after its fighters hijacked the vessel in the Red Sea, as part of its campaign of attacks in support of Hamas in its war against Israel.

Operations at a Red Sea port in Yemen used for aid imports have fallen to about a quarter of its capacity, a UN official said on Tuesday, adding it was not certain that a Gaza ceasefire would end attacks between the Iran-backed Houthis and Israel.

The Houthis said over the weekend they would stop attacking transiting vessels as long as the cease-fire holds. But big-box ship operators said it would take some time before secu

The Galaxy Leader was taken in November 2023 at the start of the Houthi attacks on shipping in the Red Sea corridor over the Israel-Hamas war.

The Yemen-based Houthis signaled a pause in their months-long attacks on commercial ships following a ceasefire deal between Israel and Hamas.

US President Donald Trump’s decision to once again categorize the Houthis in Yemen as a terrorist organization marks “the beginning of their end,”

A Gaza ceasefire could slash shipping emissions as vessels return to shorter Red Sea routes, potentially reducing maritime fuel consumption, says INVERTO

The UN said that the Houthis who control northern Yemen had detained an unspecified number of UN personnel, and it was suspending movement in Houthi-led areas.