Jinhui Shipping and Transportation has secured up to $36m through sale-and-leaseback deals covering two ultramax bulk carriers under construction in China. The Oslo- and Hong Kong-listed owner has…
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Tuesday saw Yemen’s Houthis target a fourth Saudi-linked tanker since declaring a blockade of the kingdom’s ports, maintaining pressure on the Red Sea oil route despite a partial recovery in traffic…
Oil price spikes after flare-up of fighting and claimed Iranian attacks on three tankers in strait of Hormuz The US military said it knocked down an Iranian missile barrage and worked with Saudi…
The Houthis recently declared a naval blockade on Saudi Arabia in the Red Sea, targeting several tankers.
The Iran-backed Houthis claimed Tuesday they attacked a fourth Saudi-linked tanker since announcing a maritime blockade on Saudi ports, underscoring the escalating threat to commercial shipping in…
Hapag-Lloyd has reopened bookings to and from Upper Gulf destinations, using inland transport and third-party feeder services that avoid the Strait of Hormuz. The revised routing covers cargo moving…
Iran and the United States have resumed attacks, ending a lull and injecting fresh uncertainty into shipping through the Strait of Hormuz. US Central Command said Iran launched multiple ballistic…
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.
