How China eased pressure on oil markets by halting purchases and relying on reserves The closure of the Strait of Hormuz should, in principle, have caused a far greater shock to oil…
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The port may see a 5% volume uptick amid Red Sea and Panama Canal concerns and is readying itself for the scenario in talks with operating partners.
CEVA Logistics has signed a new contract with PepsiCo Türkiye to manage the full lifecycle of cooler equipment across the country. Under the agreement, CEVA aims to maintain and refurbish 20,000…
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.…
A new independent report has called for urgent international intervention in the case of two senior seafarers convicted of drug trafficking in Türkiye, arguing that serious gaps in the evidence raise…
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.
