Houthi attacks on al-Makha port forced it to suspend operations, leaving workers without jobs and traders concerned.
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The port may see a 5% volume uptick amid Red Sea and Panama Canal concerns and is readying itself for the scenario in talks with operating partners.
The Strait of Hormuz disruption is exposing the vulnerability of concentrated global trade routes, with shipping traffic collapsing, oil prices rising and freight costs increasing. Australia is…
Shipping is betting on more ships thanks, in no small part, to the disruption created by fewer reliable routes. That contradiction ran through much of Splash’s coverage this week. Panama, Hormuz, the…
A US-sanctioned product tanker has been hijacked in the Gulf of Aden and forced towards Somalia, the second reported vessel seizure in the region this week as Somali piracy gathers renewed momentum.…
Crowley has announced a new weekly container service connecting Port Houston to Santo Tomás de Castilla in Guatemala and Puerto Cortés in Honduras, two of Central America’s largest and…
With only a few years in shipowning, Dubai-based SPM Shipping has now added its first VLGC after moving into both the capesize and VLCC segments. The company has been named as the buyer of Dorian…
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.
