Maersk has agreed to sell Maersk Training and its subsidiary Maersk H2S Safety Services to US private equity firm OpenGate Capital. Financial terms were not disclosed. The transaction remains subject…
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Aug 9 (Reuters) - Yemen's Iran-aligned Houthis have resumed attacks on the Red Sea port city of Mocha, a Yemeni military spokesperson said. Footage shown by Houthi-affiliated Al Masirah TV showed the…
CMA CGM will introduce a Rate Restoration Initiative (RRI) for shipments from the East Mediterranean region to the United States. The initiative will take effect on 1 September 2026. It will apply to…
Brookfield has taken indirect control of a 19.86% stake in Danish product tanker owner Torm following the Canadian investment group’s full acquisition of Oaktree. Torm said Oaktree no longer…
Oil is continuing to flow from the wreck of a Russian dark fleet Suezmax, the Cameroon-flagged Caroline Bezengi (IMO 9224439), beached on rocks off Ja...
Castor Maritime has moved its kamsarmax Magic Starlight into a Fearnley-arranged joint venture, taking $18.75m in cash while retaining a 30% interest in the vessel. The Nasdaq-listed owner…
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.
