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Hormuz flows may remain in limbo even after conflict ends: experts

NEW YORK: The war in Iran could end in a scenario in which control of traffic through the Strait of Hormuz remains in limbo,...

Panama Canal congestion hits yearly high, prompting Jones Act waivers

PANAMA CITY: Panama Canal congestion has climbed to the highest levels this year, prompting US authorities to grant multiple Jones Act waivers for domestic...

GEODIS establishes First Multi-Service Port Hub in Le Havre, France

LE HAVRE: GEODIS, a leading global logistics provider, announced the establishment of its first port hub in France, located in Le Havre, at the...

HGT successfully completes the acquisition of a 50% stake in a greenfield container terminal project in Brazil

ROTTERDAM/ARACRUZ: Hanseatic Global Terminals (HGT) and the Imetame Group successfully completed the establishment of the Hanseatic Global Terminals Aracruz S.A. joint venture. Both companies...

MSC reportedly acquires majority stake in Ukraine’s largest Private Port Operator TIS Group

ODESSA : In a development that could significantly reshape Ukraine’s maritime and logistics landscape, media reports indicate that MSC Mediterranean Shipping Company has acquired...

AD Ports Group acquires CLI, Brazil’s leading Agri-Bulk ‎Port Terminal Operator, for over AED 3 Billion

ABU DHABI : AD Ports Group, a leading global enabler of trade, industry, and logistics solutions, acquired Corredor Logística e Infraestrutura (CLI), Brazil’s leading...

ADNOC resumes naphtha exports via alternative Oman route, traders say

NEW DELHI : Asia's naphtha prices ​tumbled to their lowest since early March as the Abu Dhabi National Oil ‌Co (ADNOC) resumed exports in...

IRGC claims it hit “US-owned” commercial vessel ‘MSC Sariska V’ with cruise missile

TEHRAN: The Islamic Revolutionary Guard Corps (IRGC) has claimed responsibility for targeting a Panama-flagged container ship, identifying the vessel as the "US-owned" MSC Sariska...

Transits through Strait of Hormuz remain limited as Iran-US peace talks fizzle

HOUSTON: Traffic through the Strait of Hormuz remains constrained as only 10 vessels transited the waterway over the weekend, fewer than the previous weekend,...

ZIM Board of Directors appoints Dr. Chen Lichtenstein as President and CEO of the Company; will also be joining its Board of Directors

HAIFA : ZIM Integrated Shipping Services Ltd. a global container liner shipping company, announced yesterday the appointment of Dr. Chen Lichtenstein as its new...
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