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Shipping through Hormuz declines as Red Sea traffic drops to lowest since June 1: S&P Global

NEW DELHI: Shipping activity through the Strait of Hormuz declined further on August 3, with total crossings falling to 15 from a revised 19...

Summer vacation at sea: 35 “Summer Seafarers” aboard Hapag-Lloyd ships

HAMBURG: Cast off for the next generation of seafarers: Hapag-Lloyd is participating again this year in the Association of German Shipowners’ (VDR) summer seafaring...

“K” LINE Releases Video Update on Forecasts for FY2026 and Progress of the Medium-Term Management Plan

TOKYO: Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has released a video on its official website explaining its forecasts for FY2026 and progress of its...

Panama Canal announces reduction of draft for Neopanamax Locks

PANAMA CITY: The Panama Canal Authority announced, through a notice to shipping companies, that effective August 26, 2026, the maximum authorized draft for vessels transiting...

PIL launches Imara Express (IMX) service to boost India–East Africa connectivity

SINGAPORE: Pacific International Lines (PIL) is reinforcing its presence in Africa with the launch of its Imara Express (IMX) service, a dedicated weekly connection...

GE Shipping Q1 profit jumps over 2-fold to ₹1,309 crore

MUMBAI ; The Great Eastern Shipping Company (GE Shipping) reported a more than two-fold jump in net profit for the June quarter, helped by...

ONE announces financial results for Q1 FY2026

SINGAPORE : Ocean Network Express (ONE) announced its financial results for the first quarter of FY2026, covering the period from 1 April to 30...

K” Line announces Financial Highlights for 1st Quarter Financial Year 2026

TOKYO: The “K” LINE Group Tuesday announces its first quarter financial year 2026 results. Dry Bulk BusinessIn the Cape-size sector, market rates stayed firm, thanks...

Adani Vizhinjam International Seaport sets new operational benchmark with record 10,545 TEU exchanges on a single vessel

THIRUVANANTHAPURAM : Adani Vizhinjam International Seaport has achieved yet another significant operational milestone by recording 10,545 TEU (Twenty-foot Equivalent Unit) exchanges on a single...

Ignazio Messina launches new “Red Sea Express Line” to strengthen India–Red Sea Connectivity

MUMBAI : Ignazio Messina & C. has announced the launch of its new Red Sea Express Line, a strategic expansion of the company's Indian...
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