Transpacific rates have rebounded with the major box lines succeeding in implementing rate hikes. Friday’s Shanghai Containerised Freight Index showed both the Shanghai-US West Coast and Shanghai-US…
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Ocean Network Express (ONE) reported a sharp fall in quarterly earnings, despite higher revenue, as rising fuel costs and continued disruption in the Middle East offset improving freight rates and…
The Houthi blockade on Saudi seaports produced visible results last month, cutting daily exports by as much as 40 percent, but shipping appears to be...
Iran and Oman discussing plan to split control of Hormuz shipping routes Iran and Oman are discussing a plan that would give Tehran full control over inbound shipping in the Strait of Hormuz, a…
ANKARA, Aug 4 (Reuters) - Turkey on Tuesday called on Russia and Ukraine to take measures to ensure navigational safety in the Black Sea after a drone attack hit a Turkish-owned vessel and seriously…
Tankers carrying Iraqi crude have passed through Strait of Hormuz Iraqi state media reported on Tuesday that tankers carrying Iraqi crude oil have passed through the Strait of Hormuz.
A seafarer is reported missing after a Greek-operated bulk carrier was struck by an unidentified projectile while sailing northbound through the Strait of Hormuz, the latest merchant ship casualty in…
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.
