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Al Seer Marine posts a loss for 2023 while GWC’s bottomline fell 10.28% y-o-y
Al Seer recorded a 10.8% increase in its topline for FY2023
Red Sea tensions continue amid squabbles between China and Israel
US + UK and Houthis continue to exchange fire as more shippers divert away from the region
TODAY: IPO updates from Egypt + DP World gets the green light for Mozambique port expansion
What we’re tracking this morning regionally and around the world
Continued Red Sea disruptions put company earnings at risk as diversions tack on increased costs
Rising tensions are also threatening to halt the US-led India-Middle East-Europe Economic Corridor
HummingbirdEV to set up a microfactory for commercial vehicles in the UAE
TRANSPORT- HummingbirdEV to set up shop in the UAE: California-based green transport company HummingbirdEV is partnering with IBMC Group to…
More shipping line suspensions in the Red Sea as alternative trade routes pick up
Hapag Lloyd will introduce a land corridor through Saudi Arabia, while Maersk has made adjustments to several of its services…
Fire erupts at Russian LNG terminal + Peru’s Chinese-owned mega port starts operations later this year
A fire erupted at Novatek’s LNG processing Ust-Luga complex near St. Petersburg following a suspected Ukrainian drone attack yesterday, Reuters…
Bahri charters two methanol-powered vessels + Egypt’s TijaraHub launches B2B e-commerce platform
SHIPPING + MARITIME- Bahri to charter methanol-powered vessels from Proman:National Saudi shipping firm Bahri subsidiary Bahri Chemicals and methanol producer…
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