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Ship repair industry sees uptick as fleet ages
China — home of 17 of the world’s 20 busiest repair yards — remains the industry leader amid the boom.
Oman awards contract for cold chain economic cluster
PLUS- More update on zones, e-commerce, roads, and maritime from UAE, Saudi Arabia, and Syria
Egypt greenlights Shell, Petronas export ambitions
The plan covers two cargoes per month, a total of ten, each valued between USD 27-28 mn
Over a third of world’s shipping fleet could be hit by imminent US port fees
The fees are projected to cost the top 10 cargo carriers some USD 3.2 bn, most notably China’s Cosco
Shipowner coalition comes together in support of IMO Net-Zero Framework, ahead of next week's vote
Our region is heavily featured in the bloc of member states opposing the potential IMO ruling
US tariffs send ocean shipping rates reeling to record lows, hurting carriers
Rates have fallen below the levels needed for carriers to break even
TODAY: Lunate, Blackstone team up on GCC logistics portfolio
What we’re tracking this morning regionally and around the world
Bahri inks SAR 762 agreement to boost bulk fleet
The ships are scheduled for delivery in batches between 2028 and 2029
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