IAG Cargo reported H1 2026 revenue of €570 million, down from €629 million year-on-year, with cargo tonne kilometres falling 12.3 per cent due to reduced capacity linked to ongoing Middle East…
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Riyadh Air has launched its first Southeast Asian route, introducing a three-times-weekly nonstop service between Riyadh and Kuala Lumpur to strengthen connectivity between Saudi Arabia and Malaysia.…
Saudi Arabia convened an inaugural meeting in Riyadh on July 30 of nations interested in joining a maritime defense coalition to “enhance maritime sec...
Six Saudi oil tankers are sailing away from the Bab el-Mandeb chokepoint and appeared to be embarking on an unusual trip around Africa as threats from Houthi rebels upend shipping in the Red Sea.
Hapag-Lloyd has announced a General Rate Increase/General Rate Adjustment and a higher Peak Season Surcharge for selected trades from Asia and the Middle East to North America. Both measures amount…
US says Strait of Hormuz ‘remains open’ The US military says the Iranian government’s claim that the Strait of Hormuz is closed is “false”. “The Strait of Hormuz remains open for commercial vessel…
By Ahmed Tolba, Nafisa Eltahir and Yasmine Ghania CAIRO/DUBAI, July 31 (Reuters) - Oil prices rose on Friday after Iran said it had stopped two vessels seeking to exit the Strait of Hormuz,…
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