Further cost-cutting measures will see 22 services removed form the operator's timetable over the Christmas period.
Read the full story at Railmagazine →RiyadhCargo.com is a news monitoring service — the full article is published by Railmagazine and opens in a new tab.
Japan has approved a second wave of investment plans under its shipbuilding revival fund, allocating up to another ¥98bn ($635m) in state support across five yard groups. The transport ministry has…
Half a billion Arabs inhabit a region drowning in weapons. There are millions of men under arms, fleets of American and European combat aircraft, missile batteries, intelligence agencies, foreign…
You may recall our ‘M&A rumblings‘ coverage from the end of February. Back then, market talk was that AP Møller-Mærsk (APMM) had approached Belgium’s Euroports Group, the owner of Antwerp-based…
“Unlike Rumpelstiltskin, plaintiff Michael Carrabes cannot spin straw into gold. In this employment litigation, Plaintiff roots all of his claims (…) in the same untenable soil, specifically, his…
John Fredriksen-backed SFL Corporation has added another $750m to its contracted revenue after agreeing seven-year charter extensions with Hapag-Lloyd on six 15,400 teu containerships. The renewed…
Existing operators on the Northern Sea Route (NSR) are consolidating their interest in the sea lane as more new players prepare to enter the market. Russia’s State Atomic Energy Corporation (Rosatom)…
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.
