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GLOBALThe Loadstar11h ago

Spot rates: the Fortnight Brace principle holds – for now

Looking backwards, Drewry’s World Container Index (WCI) returned to the recently observed Fortnight Brace trend in week 29 (to 19 July). As a reminder During this year’s peak season, on the…

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SAUDISplash24713h ago

Houthi threat tightens Saudi oil pincer

Tankers carrying Saudi crude as well as a Chinese car carrier have turned back in the Red Sea over the past 24 hours after Yemen’s Houthis declared a naval blockade on Saudi Arabia, threatening the…

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