New diplomatic push undertaken as repeated ceasefire failures expose limits of mediation.
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By Parisa Hafezi DUBAI, Aug 4 (Reuters) - Iran wants control over inbound shipping through the Strait of Hormuz and visibility over outbound traffic, with the ability to intervene if necessary, under…
Yemen’s Houthi rebels have rejected reports alleging their intent to impose tolls on transiting the Bab al-Mandab Strait, with carriers seemingly showing more faith in the Iran-backed group as…
The global bunker market in July was shaped primarily by geopolitical developments, crude price volatility, regional supply dynamics and logistics constraints. The key market drivers included: –…
BEIRUT, Aug 4 (Reuters) - Lebanon on Tuesday marked the sixth year since a deadly blast at Beirut port, with victims and Lebanese officials expressing a renewed but cautious hope that justice could…
Ocean Network Express (ONE) reported a sharp fall in quarterly earnings, despite higher revenue, as rising fuel costs and continued disruption in the Middle East offset improving freight rates and…
The Houthi blockade on Saudi seaports produced visible results last month, cutting daily exports by as much as 40 percent, but shipping appears to be...
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.
