Spot container freight rates continued to ease this week as additional vessel capacity and softer demand weighed on the world’s major east-west trade lanes, according to the latest Drewry World...
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The Houthis are claiming attacks on two tankers in the Red Sea, furthering their threat to impose by force a blockade on Saudi ships or ships using Sa...
President Donald Trump on Thursday threatened direct military retaliation against Iran after Yemen’s Houthi movement resumed attacks on commercial shipping, targeting two Saudi oil tankers in the Red…
Qatar condemns Houthi attack on Saudi vessel The Qatari foreign ministry has released a statement denouncing the Houthi attack on a Saudi Arabian vessel in the Red Sea. "Qatar strongly condemns the…
Iran says it will pursue ‘eye for an eye’ as US attack near Iraq border kills two Submitted by MEE staff on Thu, 07/23/2026 - 12:25 Meanwhile, Houthis say they targeted two Saudi Arabian tankers days…
Two Chinese supertankers carrying a combined 4 million barrels of Saudi Arabian oil are exiting the Red Sea via the Bab el-Mandeb strait on Thursday, shipping data showed, even as a Saudi vessel came…
Some Asian crude oil buyers are in talks with Saudi Aramco to potentially reroute flows around Africa after Houthi attacks on tankers in the Red Sea, according to traders familiar with the matter.
The Morning Manifest
One briefing, every morning at 07:00 Riyadh time — the cargo and freight stories that matter across the Kingdom and the region.
