President Trump's new economic offensive comes as Iran is grappling with war damage, tighter oil restrictions and a shrinking ability to absorb another major shock.
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MSC will expand its Europe–Indian Subcontinent Himalaya Express with new calls at Abu Qir, King Abdullah and Jeddah. The revised service will add coverage in Egypt and the Red Sea while changing its…
Tanker traffic at Saudi Arabia's Yanbu port falls by a third, report says Tanker traffic at Yanbu, Saudi Arabia's main Red Sea oil terminal, has fallen by more than a third since Yemen’s Houthis…
Aug 22 (Reuters) - Iran has granted permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz following repeated requests from Baghdad through various channels, Iran’s state…
Tehran says Iraqi oil tankers allowed passage through Hormuz Tehran says it has allowed a number of Iraqi oil tankers to pass through the Strait of Hormuz. Iran's state news agency IRNA reported…
UKMTO report says Hormuz traffic just 20 percent of pre-war levels Commercial shipping through the Strait of Hormuz has yet to recover from the war, with new data showing traffic still running at…
Several container carriers have announced changes to regional services across Europe, the Red Sea and Asia. The updates include new port connections, revised rotations and changes to existing slot…
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