By Siyi Liu and Chen Aizhu SINGAPORE, Aug 21 (Reuters) - Offers of Iranian crude to Chinese buyers have declined and prices have jumped this week as the U.S. blockade has cut Tehran's shipments,…
Read the full story at Al-monitor →RiyadhCargo.com is a news monitoring service — the full article is published by Al-monitor and opens in a new tab.
The Strait of Hormuz disruption is exposing the vulnerability of concentrated global trade routes, with shipping traffic collapsing, oil prices rising and freight costs increasing. Australia is…
Shipping is betting on more ships thanks, in no small part, to the disruption created by fewer reliable routes. That contradiction ran through much of Splash’s coverage this week. Panama, Hormuz, the…
A US-sanctioned product tanker has been hijacked in the Gulf of Aden and forced towards Somalia, the second reported vessel seizure in the region this week as Somali piracy gathers renewed momentum.…
Crowley has announced a new weekly container service connecting Port Houston to Santo Tomás de Castilla in Guatemala and Puerto Cortés in Honduras, two of Central America’s largest and…
With only a few years in shipowning, Dubai-based SPM Shipping has now added its first VLGC after moving into both the capesize and VLCC segments. The company has been named as the buyer of Dorian…
HGK Group is expanding its Port of Hamburg operations with a new 27,000-square-metre trimodal logistics centre with direct rail access. Set to open in the…
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.
