Chinese owner Zhejiang Shipping Group has signed up for two ultramax bulk carriers at New Dayang Shipbuilding. The contract is worth RMB519.6m ($77m), or about $38.5m per 64,000 dwt vessel, according…
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The US struck Iran for a fifth straight day overnight and hit a sanctioned oil tanker near the country’s main export terminal, as tensions between the warring sides show little sign of abating.
India has ordered shipowners, ship managers and recruitment companies not to deploy the country's seafarers on vessels undertaking trips through the Strait of Hormuz amid renewed fighting in the…
The US military has fired missiles into a commercial tanker attempting to reach Iran. US Central Command said a military aircraft struck the smokestack of the unladen, Curaçao-flagged Belma after the…
Strikes have hit closer to Tehran for the first time since the latest wave of attacks started.
The tanker industry must prepare for the possibility that disruption in the Strait of Hormuz becomes a recurring rather than exceptional feature of global energy trading, according to Christoph…
Last week – week 28, starting 6 July – Drewry’s World Container Index (WCI) bucked the recently observed Fortnight Brace trends from earlier this year* (more here and here; click to expand the table…
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.
