Saudi Signs $586M Deals to Boost Cargo Terminals at Ports

Saudi Ports Authority signs agreements totaling more than SAR 2.2B to upgrade and manage multipurpose cargo terminals throughout the country.

Carnival CEO Comments on Middle East, Eyes Future Risks

Josh Weinstein, CEO of Carnival, opened the company’s Q2 2025 earnings call with remarks about the recent developments in the Middle East.

Aroya Cruises Begins First Mediterranean Season in Istanbul

Saudi Arabia’s first domestic cruise brand, Aroya Cruises, made its debut in European waters with a maiden call at Galataport Istanbul this week.

Eleven Energy Launches to Expand Saudi Bunker Market

A Saudi Arabian prince, Prince Abdulaziz bin Turki Al Saud has unveiled Eleven Energy, a newly established global bunkering firm.

Oil Tankers Collide Off UAE Coast Near Khor Fakkan

Two crude oil tankers, Adalynn and Front Eagle, were involved in a collision off the coast of the UAE near the Khor Fakkan anchorage.

Maritime Alert Issued Amid Rising Middle East Tensions

A security alert has been issued by the UKMTO, MSCHOA, and JMIC cautioning vessel operators navigating through the Middle East of elevated risk.

Suez Canal Offers 15% Fee Cut Amid Easing Red Sea Tensions

Egypt’s Suez Canal Authority has announced a temporary 15% reduction in transit fees for large containerships, in a bid to revive trade flows.

MSC Antonia Grounds in Red Sea Amid GPS Spoofing Concerns

Mediterranean Sea Enters Sulphur Emission Control Zone

As of May 1, the Mediterranean Sea became an Emission Control Area for sulphur oxides (SOx), marking a major environmental milestone for the region

Explosion at Iranian Port Claims Over 40 Lives

Iran Seizes Two Ships for Smuggling Subsidized Diesel

The IRGC has detained two vessels, the Salama and the Sea Ranger, accusing them of smuggling large quantities of subsidized fuel out of Iran.

U.S. Targets Iran Oil Trade, Warns Shipping on Risks

The United States has introduced a new wave of sanctions targeting Iran’s oil sector, issuing a strong warning to the global shipping industry.

Shipping Industry Monitors Red Sea After Aid Deadline Passes

The shipping industry is watching developments in the Red Sea today as Houthi rebels threaten to resume attacks on commercial vessels in the region

Houthis Threaten to Resume Ship Attacks Over Gaza Aid Block

Houthis have issued an ultimatum to Israel warning they'll resume attacks on shipping unless humanitarian aid deliveries to Gaza restart by Tuesday

Houthi Leader Warns of Renewed Threats to Red Sea Shipping

Houthis issue warning, stating they're ready to resume attacks on ships transiting the Red Sea if ceasefire between Israel and Hamas collapses.