Anguished locals watch as Israel demolishes homes in southern Lebanon
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ADNOC suffers sixteenth hit as Houthis strike Saudi refinery
Iran attacked another ADNOC vessel in the Strait of Hormuz over the weekend, with the Houthis simultaneously striking Saudi Arabia’s energy infrastructure. The UAE said an ADNOC-owned vessel was hit…
Saudi Arabia’s RSGT Considers Bid for Port of Cape Town
In its ongoing international expansion, Saudi Arabia’s Red Sea Gateway Terminal (RSGT) is planning to enter the South African port market. The operato...
UN expresses 'deep concern' about Houthi attacks
UN expresses 'deep concern' about Houthi attacks Hans Grundberg, the UN special envoy for Yemen, has expressed "deep concerns" about Yemen's Houthis' attacks on the Red Sea port of Mocha, which…
OceanX: Flashpoints ignite; CTS numbers out; earnings season in full swing
There is still no deal between the US and Iran at the time of writing. (Here’s the latest headline out today, courtesy of CNBC: ‘US reaffirms grip on Hormuz blockade, turning away 55 ships as talks…
Hapag-Lloyd’s $4.2 billion Zim deal faces growing opposition in Israel
Hapag-Lloyd and FIMI’s proposed $4.2 billion acquisition of Zim is facing growing opposition from Israeli authorities, raising doubts over whether the deal will receive government approval. A meeting…
Houthis Escalate Attacks and Strike Lower Red Sea Ports
For several months, the Houthi have been preparing the population of the areas they control in north Yemen for renewed conflict with Saudi Arabia.The...