U.S. and U.K. bombing campaigns have failed to stop the attacks, and have instead led to vessels associated with the two countries being targeted more often.

The companies made the demand in a closed-door meeting with Beijing’s Ministry of Commerce on June 18.

Yemen’s Houthi militants managed to strike the MV Tutor with a seaborne drone, killing one crew member and injuring others.

The Iranian-backed militants struck the Verbena, a Ukrainian-owned, Polish-operated ship, in two missile attacks on June 13.

The attacks have impacted at least 65 countries and forced at least 29 major energy and shipping companies to alter their routes.

Canada's rail union says it will conduct a new strike vote between June 14-29, promising a "quick process."

Dwell times at the port have stabilized across the board, having returned to their pre-closure levels with full capacity now restored to the port. 

Red Sea diversions have had many carriers pulling shipping schedules forward in anticipation of future disruptions in the region, but that is unlikely to last.

Rebuilding the span will take more than four years and cost up to $1.9bn, state authorities in Maryland have said.

A “rebound” in global trade is underway, and the U.S. and China are the big beneficiaries, according to a new report. For suppliers, however, the news isn’t all good.