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MSC denies media report it looking to buy stake in Hapag-Lloyd

June 18, 2026

GENEVA : MSC, the ‌world's largest container shipping company, denied a report by Manager Magazin published on Wednesday that its Founder and ⁠Executive Chairman...

ClassNK launches the co‑creation digital marketplace “ClassNK Design Data Marketplace”

June 17, 2026

TOKYO : ClassNK has launched the co‑creation digital marketplace“ClassNK Design Data Marketplace” for stakeholders in the maritime industry. The marketplace is a matching site...

IMO Secretary-General welcomes US-Iran agreement

June 16, 2026

LONDON: The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Dominguez welcomes with great satisfaction the peace agreement reached between the parties in...

BIMCO comments regarding a reported Peace Deal between the US and Iran

June 16, 2026

LONDON: BIMCO’s executives issued the following comments, after the reported deal between the US and Iran. From Jakob Larsen, Chief Safety & Security Officer at...

Strait of Hormuz reopening won’t end shipping risks

June 16, 2026

LONDON: A proposed US-Iran deal to reopen the Strait of Hormuz is raising hopes for global shipping and oil markets. But naval mines, high...

Sallaum Lines orders its Largest Vessels, 2 + 2 8,600 CEU Dual-Fuel Car Carriers

June 16, 2026

LIMASSOL: Sallaum Lines has ordered the two largest vessels in its history, signing a shipbuilding contract with Xiamen Shipbuilding Industry Co., Ltd. (XSI) for...

Let the oil flow: Trump announces completion of US-Iran peace deal, removes naval blockade on Hormuz

June 15, 2026

WASHINGTON DC: United States President Donald Trump on Monday announced the completion of the peace deal between the US and Iran, declaring the reopening...

World welcomes US-Iran peace deal as major diplomatic breakthrough for regional stability

June 15, 2026

DOHA: World leaders on Monday welcomed the peace deal announced between the United States and Iran, describing it as a major diplomatic breakthrough that...

Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressures

June 15, 2026

BENGALURU: Union Finance Minister Smt. Nirmala Sitharaman on Sunday said India faces risks from crude prices, West Asia tensions and Strait of Hormuz disruptions,...