The freight rate divide between major container shipping trades widened in the latest weekly readings, with Transpacific routes showing relative strength while Asia-Europe rates continued to weaken.…
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There's less crude in the market, and refiners prefer to produce diesel. The result: Ships are running short of fuel.
Iran said it will announce a new restricted zone in the Gulf in the coming days, along with maps of a new shipping corridor through the Strait of Hormuz, as a weekend exchange of strikes on shipping…
Iran says new anti-ship missile was tested over US warship Iran has successfully tested a new anti-ship missile over a US Navy vessel, said the secretary of the Supreme National Security Council,…
The increasingly violent tanker war around the Strait of Hormuz is threatening to send oil prices sharply higher, with Goldman Sachs warning today Brent could hit $120 a barrel if attacks on shipping…
By Florence Tan SINGAPORE, Sept 7 (Reuters) – An average of 10 commodity ships transited the Strait of Hormuz per day over the past 10 days, the lowest since May, according to shipping data...
The U.S. Navy trialled a robotic towed connector to repeatedly capture, refuel and release an unmanned surface vessel (USV) last month as the sea service seeks to enable persistent unmanned…
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.
