March 27, 2026
March 27, 2026
March 27, 2026
Hapag-Lloyd publishes 2025 annual report and proposes dividend of EUR 3.00 per share
HAMBURG: Hapag-Lloyd published its annual report for the 2025 fiscal year on Thursday. The Group EBITDA stood at USD 3.6 billion (EUR 3.2 billion) and the Group EBIT at USD 1.1 billion (EUR 1.0 billion) while the Group profit amounted to USD
March 27, 2026
Key appointments signal continuing growth plans for Thordon Bearings in commercial shipping
BURLINGTON: Thordon Bearings has announced two significant appointments which reinforce its commitment to meet growing demand for high performance, pollution-free seawater-lubricated bearings and seals in commercial shipping. Anthony Hamilton has been appointed VP of
March 25, 2026
KR Publishes Research Report on Safety Considerations for Hydrogen-Fueled Ships
BUSAN: Korean Register (KR) has released a research report analyzing the safety challenges associated with hydrogen-fueled ships and outlining key risk factors and mitigation measures to support the safe adoption of hydrogen in the maritime
March 25, 2026
TGA Temporarily Exempts Saudi, Foreign Vessels from Document Validity Requirement
RIYADH: The Transport General Authority (TGA) announced the suspension of the requirement for the validity of certificates and documents needed for the issuance or renewal of navigation licenses and work permits for marine units
March 24, 2026
Diesel Supply Crisis Triggers 20% Transportation Rate Hike at Kandla-Mundra Ports
GANDHIDHAM: In a significant development impacting container logistics in western India, the Kandla Mundra Container Transport Welfare Association (KMCTWA) has announced a 20% increase in transportation rates across all destinations, effective March 24, 2026.
March 24, 2026
Middle East Conflict: Straits of Hormuz Transits Remain 95% Down
LONDON: Clarksons Research, the data and analytics arm of the Clarksons Group have been closely monitoring shipping activity and markets impacted by the conflict. Summarising their latest update issued today at 12.00 am 23rd March, Steve Gordon,
March 24, 2026
Crucial updates to the Guidelines on the Application of the ILO Maritime Labour Convention released by ICS
LONDON: The International Chamber of Shipping (ICS) has released the fifth edition of its Guidelines on the Application of the ILO Maritime Labour Convention, urging the global shipping industry to take note of the
March 23, 2026
Iran warns Strait of Hormuz will be “completely closed” if US targets power plants
TEHRAN: Iran on Sunday warned that the strategic Strait of Hormuz would be “completely closed” and the energy infrastructure of Israel and the Gulf countries in the region that host American bases would be
March 23, 2026