MSC launches new service from the Middle East to Europe
Mediterranean Shipping Company (MSC), the world's largest container shipping line, is launching a new transport service to minimize disruption from the de facto closure of the Strait of Hormuz.
The Real Test for Supply Chains May Come in 2028, Not the Middle East Crisis
The Real Test for Supply Chains May Come in 2028, Not the Middle East Crisis
Nakilat Reports Resilient First-Quarter Performance Amid Middle East Conflict
Nakilat Reports Resilient First-Quarter Performance Amid Middle East Conflict
Middle East refinery focus for ship owner Scorpio
About 80pc of global refining capacity expansion will take place in China and the Middle East in the next five years, supporting the product tanker market, according to a presentation from New York-listed Scorpio Tankers, the largest product tanker operat
China’s Big Play for Middle East Oil
China’s Middle East energy footprint has been expanding. In February, it made a deal for a stake in Abu Dhabi’s onshore oil. In March, Saudi Arabia’s King Salman bin Abdulaziz travelled to China to strengthen trade ties, and now a Chinese consortium is li
Middle East Gasoline Boom Stirs Sales Fight From Europe to Asia
Expanding fuel shipments from the Persian Gulf will intensify competition from Europe to Asia, squeezing profits across the global refining industry and contributing to a looming glut of oil products.
In The Middle Of A (Supply) Chain Reaction?
In 2016 the shipping industry saw significant supply side adjustments in reaction to continued market pressures.