Container freight rates have continued to climb into July, with Drewry’s World Container Index reaching USD 4,639 per forty-foot container on 9 July, its highest level since September 2024, driven…
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The US military has fired missiles into a commercial tanker attempting to reach Iran. US Central Command said a military aircraft struck the smokestack of the unladen, Curaçao-flagged Belma after the…
Strikes have hit closer to Tehran for the first time since the latest wave of attacks started.
The tanker industry must prepare for the possibility that disruption in the Strait of Hormuz becomes a recurring rather than exceptional feature of global energy trading, according to Christoph…
Overnight Wednesday, U.S. forces carried out another wave of strikes against targets in Iran, the fifth day in a row of a back-and-forth exchange of f...
UAE-based offshore support vessel owner Gulf Marine Services has won a four‐year charter for one of its self‐elevating accommodation units to be deployed offshore Brazil. The contract, signed with an…
For the first time since the reimposition of the naval blockade on Iran's seaports, the U.S. military has conducted an enforcement action by disabling...
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.
