Container rate gains on Asia-U.S. trade lanes are reflecting unexpectedly resilient consumer demand despite inflationary pressures. The post Asia-US East Coast box rate hits new high of $9,400…
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Hopes for a reopening of the Strait of Hormuz have faded as Iran has raised conditions for renewed traffic, while attacks have spread to the Bab el-Mandeb, Saudi ports and Egypt. Some container…
Maersk and Hapag-Lloyd’s return to the Red Sea and a Saudi tanker fleet’s flight from it are converging on the same country. Egypt is becoming the relay point for two separate crises at once. The…
Four crew members were killed in an attack by Iran-backed Houthis on a small cargo ship in the Bab el-Mandeb strait on Tuesday, Yemen's transport ministry said, while sources reported a missile…
Pakistan said on Tuesday the United States and Iran were close to "some sort" of deal, and fellow mediator Qatar said talks on managing the Strait of Hormuz were at an advanced stage, despite reports…
Qatar Airways Cargo has added VRR’s specialised RGX and RZY containers to its portfolio to support the transportation of high-value semiconductor manufacturing equipment, strengthening its TechLift…
US fires on ship breaking its Iran blockade The US military fired on a Panama-flagged ship that attempted to break the American blockade of Iranian ports on Tuesday, the Wall Street Journal reported…
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.
