The number of vessels passing through the Strait of Hormuz has dropped by 70% amid regional tension, according to Marine Traffic.
Iran has not officially...
Against the backdrop of rapidly escalating developments in the Middle East, shipping markets are reacting to the crisis with significant upward pressure on rates.
Freight...
DP World is expanding its contract logistics platform in Brazil after securing a five-year agreement to manage warehouse and production line supply operations for...
· The cruise industry supports a broad European industrial and tourism ecosystem, delivering tangible benefits across national and local economies
· Cruises promote peripheral destinations,...
The global tanker market is going through a period of intense momentum, with freight rates moving at levels that dramatically boost companies’ cash flows...
The Greek fleet made more than 160,000 calls in 174 countries in 2023, confirming the global footprint and geoeconomic importance of the sector.
As reported...
Uni-Fuels Holdings Limited, a global provider of marine fuel solutions headquartered in Singapore, announced the establishment of Uni-Fuels Co., Ltd., its newly incorporated regional...
Eastern Pacific Shipping has announced a series of senior management appointments as the company continues to strengthen its leadership platform following the successful integration...
Volkswagen has attracted bids from top private equity funds including Blackstone, EQT and CVC for its diesel engine division Everllence, the Financial Times...
Robin Energy, an international ship-owning company providing energy transportation services globally, announced that its board of directors has determined to effect a one-for-fifteen (1-for-15)...
Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...
Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...
Hapag-Lloyd, the world’s fifth-largest container shipping company, has signed an agreement with the Hamburg Port Authority (HPA) on the use of shore power in...
Piraeus Container Terminal (PCT) marked 16 years of operations, highlighting the contribution of its employees and partners in transforming the port of Piraeus into...
The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...
Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...
