Tag: turn

Tankers turn back after Houthi threat to Saudi shipping

Two tankers carrying Saudi crude and a third due to load at Yanbu have reversed course following Houthi threats...

Ocean capacity is rising, demand is cooling, and ‘the market is starting to turn’

Photo: Dreamstime.com By Gavin van Marle 17 July 2026 Container spot freight rates on the main east-west ocean trades showed their...