Saudi $1 Trillion Wealth Fund Weighs Creating a Logistics Giant
Saudi Arabia’s sovereign wealth fund is considering consolidating transport and supply-chain assets to create a logistics giant that can attract foreign
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Saudi Arabia’s sovereign wealth fund is considering consolidating transport and supply-chain assets to create a logistics giant that can attract foreign
A South Korean-flagged supertanker appears to be attempting to transit the Strait of Hormuz, which, if successful, would be the first crossing of such a vessel
NATO is discussing the possibility of helping ships pass through the blocked Strait of Hormuz if the waterway isn’t reopened by early July, according to a
(Bloomberg) — US President Donald Trump said he held off on a new bombardment of Iran planned for Tuesday at the request of Saudi Arabia and other
A Hong Kong hedge fund that outperformed peers says shipping stocks are a better trade than artificial intelligence, given the risks of tech companies
Iran has started a Bitcoin-backed insurance service for Iranian shipping companies that want to transit the Strait of Hormuz, the semi-official Fars news
Four liquefied natural gas tankers that until recently serviced Oman’s export plant are beginning to load fuel from a US-sanctioned Russian project, the
By Weilun Soon May 16 (Bloomberg) –A Vietnam-bound supertanker carrying 2 million barrels of Iraqi crude, which was halted by US forces days ago
By Annika Inampudi and Ignacio Gonzalez May 17, 2026 (Bloomberg) –Stomach bugs on cruise ships recently hit a nearly two-decade high as more people
By Julian Lee and Prejula Prem May 16, 2026 (Bloomberg) –A Suezmax tanker identified as carrying Iraqi crude is approaching India after apparently
By Jennifer A. Dlouhy May 16, 2026 (Bloomberg) –The Trump administration allowed a waiver that encouraged more Russian crude sales to lapse, even as
Iran seized a Chinese-owned ship that’s one of a handful of so-called floating armories that operate in the region, according to two maritime security
The United Arab Emirates will double its capacity to export crude oil bypassing the Strait of Hormuz by next year, as it seeks to reduce reliance on the
US President Donald Trump signaled China is willing to support negotiations with Iran, as he pushes for a diplomatic resolution to end the war and reopen the
The number of supertankers hauling unsanctioned oil through the Strait of Hormuz has shown signs of rising in recent days, offering limited relief to an oil
Two India-bound vessels laden with cooking fuel from the Persian Gulf appear to have transited the Strait of Hormuz, making them the latest to exit despite
Landlocked and surrounded by richer, more powerful neighbors, Malawi has long been a victim of geography and economics. It now finds itself at the sharp end of
A liquefied petroleum gas carrier, which has previously ferried Iranian cargoes, has sailed past the blockade boundary announced last month by the US
(Bloomberg) — The impact of the energy crisis on the global economy in recent months is showing up in gauges of supply-chain stress that flashed red
The Strait of Hormuz remains largely shuttered, with Iran-linked vessels dominating what little traffic is moving across the waterway. An Iraqi supertanker’s
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