Houthi forces in Yemen have escalated their threat against commercial shipping to include vessels headed to Israel from the East Mediterranean Sea.

Latest figures from Oslo freight analyst, Xeneta, reflect mixed signals from the world’s liner trades.

Abu Dhabi’s AD Ports Group has secured a 20-year concession agreement with the Luanda Port Authority for the operation and upgrade of the existing Luanda multipurpose terminal.

Following the Houthi attack the 29 April MSC Orion which reportedly took place some 400 nm south of mainland Yemen, which could raise concerns about the ability of coalition forces to protect commercial vessels in a much wider theatre of operations.

Maersk has raised its 2024 earnings guidance as the prolonged crisis in the Red Sea supported rates in its ocean segment.

New rail link aims to provide logistical support to industrial and commercial ports in Saudi Arabia to boost competitiveness and support trade.

As many countries enjoy the May Day holiday spare a thought for seafarers working far away from home and running the gauntlet of geopolitical conflicts.

As part of its massive newbuilding plans QatarEnergy has ordered 18 LNG carriers for some $6 billion to be built at Hudong-Zhonghua Shipyard.

A Houthi missile struck the bulk carrier Cyclades, while another MSC containership linked to Zodiac Maritime has been fired upon.

Qatari LNG shipping company Nakilat reported higher revenues and lower operating expenses for the first quarter.