Offshore driller Noble posted a $37m net loss for the second quarter of 2026 after operational suspensions affecting two rigs in Brazil weighed on revenue and utilisation. The quarterly loss compared…
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Sociedad Portuaria Regional de Buenaventura (SPRBUN) has appointed HPC Hamburg Port Consulting (HPC) to develop a terminal optimization and business development strategy for its multipurpose terminal…
Greek owner Velos Tankers has reportedly sold the 2008-built LR2 tanker Velos Emerald for $50m. Numerous brokers report a striking return on a ship acquired five years ago for about $17m from Mitsui…
Diana Shipping has allowed its hostile tender offer for the US dry bulk rival Genco Shipping & Trading to expire but is keeping its separate $27.34-per-share takeover proposal on the table. The…
Costamare Inc. reported lower earnings for the second quarter of 2026 while strengthening its balance sheet through new financing agreements totaling US$1.3 billion and maintaining high fleet…
Key takeaway: A Dallas County jury’s advisory verdict in a case that long predated Montgomery v. Caribe may reshape how every freight broker in America vets its carriers. The crash happened on March…
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.
