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MIDDLE EASTContainer News8h ago

CMA CGM introduces emergency fuel surcharge amid renewed Hormuz tensions

CMA CGM has announced the introduction of an Emergency Fuel Surcharge (EFS) following the renewed escalation of hostilities in the Strait of Hormuz, which the carrier said has driven a sharp increase…

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SAUDISplash24713h ago

Houthi threat tightens Saudi oil pincer

Tankers carrying Saudi crude as well as a Chinese car carrier have turned back in the Red Sea over the past 24 hours after Yemen’s Houthis declared a naval blockade on Saudi Arabia, threatening the…

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