One of the most spectacular boom-and-bust figures from shipping’s last great shipbuilding cycle is back. Kang Duk-soo, the architect of South Korea’s former STX empire, is returning to the industry…
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Saudi Arabia’s observed crude exports last month slumped to the lowest in at least nine years, as tankers were attacked following rising tensions in the Middle East.
Shipping traffic via Hormuz Strait below 10-day average, data shows Six commodity vessels transited the Strait of Hormuz on Wednesday, according to preliminary shipping data from Kpler, indicating a…
Maersk will revise its Peak Season Surcharge (PSS) for shipments from the Indian Subcontinent and Middle East to the US and Canadian East and Gulf coasts. The revised surcharge will take effect on 1…
Russia is helping Iran develop a supersonic anti-ship cruise missile, according to a report in the Financial Times.If the development comes to fruitio...
The Port of Lázaro Cárdenas handled 17,480,520 tonnes of commercial cargo through the close of July 2026, a 14% increase compared to the same period in 2025, with 1,049 vessel arrivals recorded…
Panama has completed the acquisition of Petroterminal de Panamá, giving the state full ownership of a strategic oil transport system that functions as a specialised second Panama Canal for…
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.
