HMM has decided it needs more ships to support its hub-and-spoke model for liner shipping. On Friday, the South Korean flagship carrier’s directors approved a $19.7bn budget to take its fleet to 166…
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By Florence Tan SINGAPORE, July 27 (Reuters) – Ship traffic through Bab el-Mandeb fell on Sunday after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast, while transit through…
By Wednesday evening (22 July), DSV stock was down more than -14% in a day, as it announced its Q2 results. Might it be the trouble in the road division with the Schenker integration? Or maybe,…
Regional Container Lines (RCL) has cancelled a scheduled China–Red Sea sailing, citing the continued escalation of security threats in the Red Sea region. The carrier said it has declared Force…
The wars in Ukraine and the Middle East collided at sea over the weekend after a Ukrainian long-range drone strike hit an Iranian vessel in the Caspian Sea, prompting Tehran to warn that the attack…
The Strait of Hormuz experienced its quietest weekend in nearly two weeks after the US and Iran paused their attacks, but commercial shipping remained close to paralysis and tensions continued to…
Abbas Araghchi says the Ukrainian attack on the Iranian vessel in the Caspian Sea 'cannot go unanswered'.
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.
