Taiwanese bulker owner Wisdom Marine has dropped plans to acquire two handysize newbuildings from Japan’s Naikai Zosen after the two sides failed to reach an agreement. The Taipei-listed company…
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Kalmar reported higher sales and improved profitability in the second quarter of 2026, supported by stable market demand, strong cash flow and growing demand for electric equipment. The company kept…
US military says it is degrading Tehran’s ability to threaten ships in strait of Hormuz; Houthis say tankers violated their blockade; US signs nuclear deal with Saudi Arabia Houthis claim strikes on…
Archer Aviation has selected Japan’s Marubeni Aerospace as the launch customer for its Halo autonomous aircraft, with the companies set to explore market opportunities, applications and future…
TEKEVER has launched the AR6 heavy-lift autonomous drone family, targeting a gap in the eVTOL market with a platform designed to carry more than 200kg over up to 500km, while operating in harsh…
The UK government has committed £298 billion to defence over four years, including an additional £15 billion, with Defence Secretary Wes Streeting positioning the spending as essential to restoring…
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.
