Japan has approved the first projects under its new shipbuilding revival fund, committing up to ¥213.1bn ($1.36bn) to three yard groups as Tokyo moves from policy pledges to large-scale capacity…
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CMA CGM and Red Sea Gateway Terminal (RSGT) have signed a definitive agreement to develop and operate Terminal 4 at the Port of Jeddah, Saudi Arabia. The project is expected to involve an investment…
The increasingly violent tanker war around the Strait of Hormuz is threatening to send oil prices sharply higher, with Goldman Sachs warning today Brent could hit $120 a barrel if attacks on shipping…
By Florence Tan SINGAPORE, Sept 7 (Reuters) – An average of 10 commodity ships transited the Strait of Hormuz per day over the past 10 days, the lowest since May, according to shipping data...
Iran said it will announce a new restricted zone in the Gulf in the coming days, along with maps of a new shipping corridor through the Strait of Hormuz, as a weekend exchange of strikes on shipping…
Move comes as Iran's top negotiator warns of heavier responses to new attacks after US strikes on Iranian oil tankers.
Hormuz traffic drops to lowest since May An average of 10 commodity ships transited the Strait of Hormuz daily over the past 10 days, marking the lowest traffic in the waterway since May, shipping…
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.
