The 1,100 TEU containership RMS Team has been declared a constructive total loss after suffering extensive fire damage following a drone strike. The Akkon Lines-operated vessel was hit on 21 August…
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For six months, Saudi Arabia has been trying to outrun a single number: the price of insuring a ship. The post How war-risk insurance became the real front line in the Gulf crisis appeared first on…
Middle East crude oil exports in August down 39 percent, TankerTrackers says Crude oil exports out of the Middle East during August 2026 were down 39 percent since the January and February baseline…
IRGC claims American Unmanned Surface Vessel struck in Hormuz Iran's Islamic Revolutionary Guard Corps said its naval force struck an American Unmanned Surface Vessel (USV) that had been "trying to…
ALBAWABA - The Iranian Revolutionary Guards (IRGC) published an unseen video showing forces striking and attacking vessels that violate the blockade in ...
COSCO Shipping Holdings reported a weaker profit in the first half of 2026 despite carrying more containers. Group net profit fell 34% to CNY 13.4 billion (US$2.0 billion). Meanwhile, consolidated…
At least six other people were injured in the tanker blast on Iran's Hamedan-Sanandaj highway, officials say.
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.
