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MIDDLE EASTThe Loadstar22h ago

300 jobs axed as DP World looks to revamp European operations

DP World’s European operations look to be undergoing a major restructuring following the departure of several members of the senior commercial management team and confirmation of some 300 job losses.…

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MIDDLE EASTSplash2472h ago

Iran weighs ban on US and Israeli ships in Hormuz

Iran is considering banning US- and Israeli-linked vessels from transiting the Strait of Hormuz as Tehran and Oman move closer to agreeing a new system for managing traffic through the waterway. A…

MIDDLE EASTSplash2474h ago

ADNOC L&S makes $1.3bn VLCC and VLGC swoop

Abu Dhabi-listed ADNOC Logistics & Services has put $1.3bn to work on an 11-ship buying spree, picking up six VLCCs and five VLGCs through secondhand and newbuild resale deals. Nine ships – all six…

MIDDLE EASTContainer News8h ago

The deal everyone is calling a reopening isn’t one

Tehran and Muscat are drafting a Hormuz arrangement this week that reads, on close inspection, less like shared governance and more like Iran buying a co-signature for permanent control with the…

MIDDLE EASTContainer News9h ago

DP World and Balco Australia sign logistics agreement

DP World and Balco Australia have signed a new multi-year logistics agreement, strengthening a long-standing partnership to enhance the efficiency and resilience of the export supply chain for…

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