Asia-US west coast rates are surging at an even faster pace this week ahead of concerns around the impact of vessel reductions through the Panama Canal. However, it seems the speed of decline of…
Read the full story at The Loadstar →RiyadhCargo.com is a news monitoring service — the full article is published by The Loadstar and opens in a new tab.
The Strait of Hormuz disruption is exposing the vulnerability of concentrated global trade routes, with shipping traffic collapsing, oil prices rising and freight costs increasing. Australia is…
Shipping is betting on more ships thanks, in no small part, to the disruption created by fewer reliable routes. That contradiction ran through much of Splash’s coverage this week. Panama, Hormuz, the…
A US-sanctioned product tanker has been hijacked in the Gulf of Aden and forced towards Somalia, the second reported vessel seizure in the region this week as Somali piracy gathers renewed momentum.…
Crowley has announced a new weekly container service connecting Port Houston to Santo Tomás de Castilla in Guatemala and Puerto Cortés in Honduras, two of Central America’s largest and…
With only a few years in shipowning, Dubai-based SPM Shipping has now added its first VLGC after moving into both the capesize and VLCC segments. The company has been named as the buyer of Dorian…
The shipping industry’s shift towards alternative fuels is accelerating, but debate over how it should be regulated is intensifying as the International Maritime Organization (IMO) considers its…
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.
