Wintermar Offshore Marine (WINS) reported a 24.4% year-on-year increase in attributable net profit for the first half of 2026, supported by higher fleet utilisation and stronger owned vessel…
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Saudi Arabia convened an inaugural meeting in Riyadh on July 30 of nations interested in joining a maritime defense coalition to “enhance maritime sec...
Six Saudi oil tankers are sailing away from the Bab el-Mandeb chokepoint and appeared to be embarking on an unusual trip around Africa as threats from Houthi rebels upend shipping in the Red Sea.
US says Strait of Hormuz ‘remains open’ The US military says the Iranian government’s claim that the Strait of Hormuz is closed is “false”. “The Strait of Hormuz remains open for commercial vessel…
By Ahmed Tolba, Nafisa Eltahir and Yasmine Ghania CAIRO/DUBAI, July 31 (Reuters) - Oil prices rose on Friday after Iran said it had stopped two vessels seeking to exit the Strait of Hormuz,…
A sanctions-hit tanker is leaking oil off the coast of Oman and the spill has spread in recent days, increasing concern about possible environmental damage to coastal areas, according to an analysis…
New US sanctions on an Iranian marine insurer and a maritime services authority complete the picture of a sovereign-substitute transit regime at Hormuz and explain why it may outlive its own…
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.
