Fincantieri and Viking today announced that they have signed contracts for the construction of two new cruise ships, following the exercise of the op...
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There seems to be no letup in capacity pressures plaguing alternative Middle East hubs, after container lines extend the levy of congestion surcharges to more gateways. After Saudi Arabia’s Jeddah,…
The war over the Strait of Hormuz has spent six months being fought with missiles, tankers, and toll disputes. This week it acquired a fourth battlefield: China’s balance sheet. The post Explainer:…
Hapag-Lloyd has announced new requirements for transit shipments moving via Jeddah, Saudi Arabia, to Upper Gulf destinations. Following an update from the Saudi Ports Authority (Mawani), transit…
By Nidhi Verma and Florence Tan Aug 24 (Reuters) - Iran said it had blacklisted 45 tankers that had broken its rules for crossing the Strait of Hormuz, and would take action against any vessels…
Commercial vessels and oil tankers preparing to transit through the Strait of Hormuz, one of the most critical strategic waterways for global trade flows, maintain their wait in the Gulf of Oman, on…
Less than 20 ships transit Strait of Hormuz over weekend Fewer than 20 vessels have travelled through the Strait of Hormuz during the weekend, data from Kpler showed. Four vessels crossed…
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