Trump says US launching 'economic warfare' against Iran, warns countries not to back Tehran US President Donald Trump announced that the US is launching the "MOST CRUSHING ECONOMIC OPERATION EVER…
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French container line CMA CGM has partly eased its suspension on handling Upper Gulf transit cargo via Saudi Arabia’s Jeddah Port, which has been hit hard by terminal congestion and inland…
The US-Iran Memorandum of Understanding – signed sixty days ago and aimed at reopening the Strait of Hormuz and kickstarting negotiations to end the war – expired yesterday. As Iranian attacks…
Oil supertankers in Gulf are renting for $500,000 per day: Report Submitted by MEE staff on Wed, 08/19/2026 - 21:10 A fund that allows investors to bet on crude oil freight rates has surged more than…
The Forward Seamen's Union of India has raised concerns that some shipowners are pressuring seafarers to sail through the high-risk zone in the Strait...
Global supply chains are facing a “double whammy” of disruptions at critical choke points like the Red Sea and Strait of Hormuz. Oliver Sawbridge of Zero100 explains how these simultaneous crises are…
SOHAR Port and Freezone delivered strong first-half 2026 performance, recording total cargo throughput of 52 million metric tonnes, a 52% increase compared to the same period last year. The results…
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