European trades saw spot rates decline for a fourth consecutive week, with carriers cancelling or cutting back plans for rate boosting, but for those operating on the transpacific, the situation was…
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A Very Different Way of Considering Payback from Technology Investments
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 watched talks between Iran and…
The biggest oil producer in the United Arab Emirates spent $1.3 billion to expand its tanker fleet to benefit from surging crude exports after the country left OPEC and pushed more of its oil through…
Reports suggest that Tehran is discussing a bill barring US and Israeli vessels from passing the Strait of Hormuz.
Ningbo Ocean Shipping, the liner shipping unit of Ningbo-Zhoushan Port Group, has joined the list of container carriers that have ventured into vehicle transportation. The carrier has confirmed the…
The CMA CGM Group has completed the acquisition of FATTAL GROUP through its subsidiary CEVA Logistics. The transaction follows the agreement announced in April. Moreover, it supports CMA CGM’s…
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.
