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Zim profit rises on Q2 revenue of $1.78 billion

HAIFA : Zim Integrated Shipping Services reported second-quarter net income of $64 million, up from $24 million a year earlier, as higher freight rates...

Maersk Hamburg receives MPA Award for outstanding search and rescue contributions

SINGAPORE: A.P. Moller - Maersk has announced that its vessel Maersk Hamburg has received the “Award for Outstanding Contributions to Search and Rescue Efforts...

Gold Star Line anounces MV Gold Xing completes maiden calls and expands PCC Network

MELBOURNE: Gold Star Line Ltd. are proud to announce that MV Gold Xing has successfully completed her maiden calls in Australia, marking a significant...

Panama Canal adopts additional measures to address Reduced Precipitation in the Canal Watershed

PANAMA CITY: The Panama Canal, Friday, announced via an Advisory to Shipping, temporary modifications to the locks’ transit capacity including adjustments to its daily auctions, amid...

US forces redirect 68 commercial vessels, disable 3, board 2 amid Iran blockade: CENTCOM

WASHINGTON: The US Central Command (CENTCOM) on Friday said that American forces have redirected 68 commercial vessels, disabled three and boarded two others as...

Hormuz shipping unchanged amid US-Iran stalemate

LONDON: Shipping traffic through the Strait of Hormuz on ​Wednesday was unchanged from the day ‌before as discussions to end the war between the...

Gunmen seize tanker ‘SIBU 1’ off Yemen amid resurgence of Somali piracy

YEMEN : A tanker has been ⁠boarded by six armed people who took ⁠control of the vessel off the coast of Yemen and diverted...

CK Hutchison claims more than 1.5 billion dollars from Panama for the loss of the Canal ports

HONG KONG : CK Hutchison Holdings has initiated international arbitration proceedings against Panama in which it claims more than 1.5 billion dollars (about 1.29...

DP World pushes ahead with $800 million Syria Port

DUBAI: DP World is pushing ahead with an $800 million redevelopment of Syria’s Mediterranean Port of Tartous, the latest evidence of the country attracting...

Sallaum Lines and Sallaum Logistics launch dedicated European automotive logistics company

LIMASSOL: Sallaum Lines Thursday announced the launch of Sallaum Logistics Ltd, a dedicated European automotive logistics company that extends Sallaum's ocean vehicle-transport network onto...
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