Commercial vessels and oil tankers preparing to transit through the Strait of Hormuz, one of the most critical strategic waterways for global trade flows, maintain their wait in the Gulf of Oman, on…
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By Timour Azhari RIYADH, July 27 (Reuters) - Yemen's Houthi Movement aims to replicate Iran's Hormuz Strait strategy in the Red Sea by disrupting shipping in the Bab el-Mandeb and hasbeen emboldened…
Saudia Cargo has launched a new scheduled Riyadh–Melbourne freighter route, operated by a Boeing 747-400F with more than 100 tonnes of capacity and nose-loading capability for heavy, oversized and…
An Asia-bound supertanker carrying Saudi oil has exited the Red Sea via the longer Suez Canal route while other vessels continue to risk the Bab el-Mandeb Strait, as Houthi threats heighten…
Qatar's new diamond exchange is an effort to diversify from the country's main exports, LNG and petroleum products, which have been severely cut as a result of the Iran war and the Strait of Hormuz…
GT Lines has launched the Khorfakkan Tanzania Express (KTX), a new shipping service linking Khorfakkan, UAE, with Dar es Salaam, Tanzania, strengthening trade connections between East Africa and the…
By Florence Tan SINGAPORE, July 27 (Reuters) – Ship traffic through Bab el-Mandeb fell on Sunday after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast, while transit through…
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