Taiwan and South Korea face strong semiconductor-led demand, while airport congestion, Middle East disruptions and cautious airline operations raise rates.
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By Timour Azhari RIYADH, July 27 (Reuters) - Yemen's Houthi Movement aims to replicate Iran's Hormuz Strait strategy in the Red Sea by disrupting shipping in the Bab el-Mandeb and hasbeen emboldened…
Saudia Cargo has launched a new scheduled Riyadh–Melbourne freighter route, operated by a Boeing 747-400F with more than 100 tonnes of capacity and nose-loading capability for heavy, oversized and…
An Asia-bound supertanker carrying Saudi oil has exited the Red Sea via the longer Suez Canal route while other vessels continue to risk the Bab el-Mandeb Strait, as Houthi threats heighten…
Qatar's new diamond exchange is an effort to diversify from the country's main exports, LNG and petroleum products, which have been severely cut as a result of the Iran war and the Strait of Hormuz…
GT Lines has launched the Khorfakkan Tanzania Express (KTX), a new shipping service linking Khorfakkan, UAE, with Dar es Salaam, Tanzania, strengthening trade connections between East Africa and the…
By Florence Tan SINGAPORE, July 27 (Reuters) – Ship traffic through Bab el-Mandeb fell on Sunday after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast, while transit through…
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