Saudi Arabia, like many countries in the region, has had its economy severely impacted by the war. The Saudi Finance Ministry is considering offering a cheaper insurance option to revive shipping.
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Red Sea Gateway Terminal and CMA CGM Group have agreed to invest an initial $434 million to develop a new container terminal at Saudi Arabia’s Jeddah Islamic Port, adding up...
Maersk will make its Cargo Insurance Diamond package available for reefer shipments worldwide, excluding Saudi Arabia.
Saudi Arabia, like many countries in the region, has had its economy severely impacted by the war. The Saudi Finance Ministry is considering offering a cheaper insurance option to revive shipping.
Saudi Arabia is not waiting for the Strait of Hormuz to return to normal to deliver its crude to Asia. It is building a workaround, one tanker handoff at a time.
Forced away from the Strait of Hormuz in the Persian Gulf, the Saudis turned to the Red Sea. Now they are relying on a less dangerous but more complicated detour via the Suez Canal.
As global food systems face mounting pressure from supply chain volatility, food security concerns, localisation, and the need for greater manufacturing ...
The Morning Manifest
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