Yangzijiang Maritime Development has agreed to sell four newbuild bulkers, taking the Singapore-listed company’s contracted vessel sales to $500m across 12 ships in nine months. The latest 40,000 dwt…
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Crude oil tanker, Amjad, which was one of two Saudi tankers on May 13, 2019 [KARIM SAHIB/AFP via Getty Images " data-large-file="https://i0.wp.com/www.middleeastmonitor.com/wp-content/uploads/2024/09/…
Iran is considering banning US- and Israeli-linked vessels from transiting the Strait of Hormuz as Tehran and Oman move closer to agreeing a new system for managing traffic through the waterway. A…
Abu Dhabi-listed ADNOC Logistics & Services has put $1.3bn to work on an 11-ship buying spree, picking up six VLCCs and five VLGCs through secondhand and newbuild resale deals. Nine ships – all six…
SINGAPORE, Aug 7 (Reuters) - Shipping traffic through the Strait of Hormuz has dwindled to 33 vessels from Monday to Thursday this week, data showed, versus 50 in the week-ago period, as markets…
South Korea is pushing to establish a larger presence in green ship recycling, with Elegant Exit Company teaming up with local recycler RM Company and ISSAC Green Tech to develop what the partners…
DP World has announced the development of a new temperature-controlled logistics hub in the Port of Antwerp, with an initial investment of EUR 48 million and total long-term investment anticipated to…
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.
