RIYADH: Saudi Arabia’s King Fahd Industrial Port in Yanbu will be modernized further as the ports authority has established new ship anchorage areas in the facility. The newly established docking zones will help modernize several logistical services in the port which includes delivering ships with supplies and fuels, the authority, also known as Mawani, said […]
freightimpact
The Red Sea Escalation Implications on Global Seaborne Trade
In recent days, discussions have intensified about the potential impact on the seaborne trade and ton-miles due to the evolving dynamics of market spot rates in various shipping segments. The recent attacks by the Houthi rebels in the Red Sea have already started to significantly affect trading activities, especially in the container segment. With the […]
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