PROJECTS-

SAL to improve logistics services offered in Jazan: SAL Saudi Logistics Services inked an agreement with the Royal Commission for Jubail and Yanbu to upgrade logistics provided in the Kingdom’s Jazan region, according to a statement The agreement involves connecting Jazan’s various ports to major airports, as well as supporting investors in Jazan City for Primary and Downstream Industries with logistics services provided by SAL.

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DISRUPTION WATCH-

Greek-flagged vessel adrift after attack in the Red Sea: A Greek-flagged oil tanker, the Sounion, was reported adrift on Wednesday after it was attacked off Yemen's port city of Hodeidah in the Red Sea, Reuters reported yesterday, citing Greek shipping ministry and the United Kingdom Maritime Trade Operations (UKMTO). Reports indicated the vessel lost engine power and the ability to move after it was attacked by two small boats and was struck by several projectiles, which resulted in minor damage. Reuters quoted a maritime source as saying that the vessel is expected to rely “on its own means" to sail. No injuries have been reported among the 25-member crew. It remains unclear if Yemen’s Houthis were behind yesterday’s attack which was the most serious in the Red Sea in weeks, according to Associated Press.

Remember- Attacks on ships passing along the Red Sea have been making headlines since Israel waged its war on Gaza last year as the Iranian-backed group in Yemen looks to pressure Israel.