US-based Enstructure has acquired control of the terminal and stevedoring operations of Canada’s Logistec. The operations were acquired from Blue Wolf Capital Partners. However, Blue Wolf will retain…
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CMA CGM and Red Sea Gateway Terminal (RSGT) have signed a definitive agreement to develop and operate Terminal 4 at the Port of Jeddah, Saudi Arabia. The project is expected to involve an investment…
By Florence Tan SINGAPORE, Sept 7 (Reuters) – An average of 10 commodity ships transited the Strait of Hormuz per day over the past 10 days, the lowest since May, according to shipping data...
Move comes as Iran's top negotiator warns of heavier responses to new attacks after US strikes on Iranian oil tankers.
Hormuz traffic drops to lowest since May An average of 10 commodity ships transited the Strait of Hormuz daily over the past 10 days, marking the lowest traffic in the waterway since May, shipping…
By Jennifer A. Dlouhy and María Paula Mijares Torres Sep 6, 2026 (Bloomberg) –US Navy escorts that are helping tankers cross the Strait of Hormuz are essential to sustaining crude flows...
ALBAWABA - The Secretary of Iran's Supreme National Security Council, Mohsen Rezaei, said that the maps outlining shipping lanes in the Strait of Hormuz ...
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