Container spot freight rates on the transpacific and Asia-Europe trades completely diverged this week, with a late peak season demand surge prompting freight prices to both east and west US coasts to…
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Key takeaway: Abu Dhabi’s sovereign owner is offering AED6.25 a share for the nearly 24.6% of AD Ports Group it does not already own. The offer has board support and may attract significant tenders,…
South Korea has begun preparations for a possible deployment of a naval support ship and troops to the Strait of Hormuz, local media reports said, as President Donald Trump ramped up pressure on the…
Four commodity vessels transited the key waterway of the Strait of Hormuz on Thursday, down from nine a day earlier and well below the 10-day average tally of about 15, preliminary shipping data…
The war around the Strait of Hormuz entered an increasingly dangerous tanker-for-tanker phase this week, with the US striking Iranian state tankers in retaliation for attacks on commercial shipping…
Somali authorities say Turkish and Somali soldiers have liberated a commercial vessel held for 10 days by pirates off Somalia, killing 14 arm ...
California’s Port of Oakland in the San Francisco Bay Area has completed an agreement with the U.S. Army Corps of Engineers to increase the port’s abi...
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.
