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Qatar’s Lesha Bank acquires aircraft lessor Amedeo Air Four Plus
Plus: Other maritime and earnings updates from around the region
Hormuz standoff persists, while Red Sea earnings spike
The earnings gap between idling and active vessels has widened significantly as Red Sea freight rates decouple from voyage distance
The war creates an unexpected boom in Egypt’s exports to Europe, Africa
The USD 9 bn Gulf market is effectively shut, but new markets are requesting more Egyptian goods
Trump earmarks USD 20 bn to ensure safe passage through Hormuz, but maritime specialists are skeptical
Protecting the high volume of tankers transiting the region is viewed as impractical, as it would require a massive deployment…
TODAY: Fertilizer supply under pressure from Hormuz disruption
What we’re tracking this morning regionally and around the world
TODAY: Can port capacity offset geopolitical risk?
What we’re tracking this morning regionally and around the world
Gulf Navigation CFO resigns, Tamer El Akkad appointed as successor
The board accepted Abouda’s resignation after serving for more than 5 years
Iran vows to attack any vessel transiting Hormuz, GCC energy infrastructure targeted
Energy and maritime assets are being hit the hardest, raising fears of wider disruptions to regional and global supply chains
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