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2Q earnings pile in from Bahri, Al Seer, and National Marine Dredging Co
It’s an up and down performance dance for regional players as 2Q reports trickle in
Adnoc L&S JV places a USD 1.9 bn order for 11 alternative fuel carriers
AW Shipping has placed an order for nine Very Large Ethane Carriers (VLECs) valued at USD 1.4 bn and two…
Saudi logistics startup Oto closes a USD 8 mn series A round
The fresh funds will be used to fuel the company’s regional expansion, develop the tech stack, and grow the team
A basket of updates from Saudi, Qatar, UAE, Oman and Bahrain
Stories on our radar this morning from around the region
CMA CGM announces new rates for Algeria + Tunisia + Morocco Roro service
PLUS: Abu Dhabi’s Kezad Group is investing AED 300 mn into a new natgas network
TODAY: Shanghai-New York container shipping rates are frustrating shippers
Good morning, wonderful people. Today’s news cycle is predominantly led by aviation, particularly as Dubai’s flagship carrier Emirates’ cargo arm…
US delays Maersk + Hapag-Lloyd JV from coming into effect
Stories on our radar this morning from around the world
Bahrain inks ship recycling MoU with AP Moller-Maersk
The agreement was overseen by Bahrain-based multinational vessel manufacturer Arab Shipbuilding and Repair Yard Company (ARSY), Bahrain Steel, and Khalifa…
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