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CMA CGM announce First-Quarter 2026 Financial Results

CMA CGM delivered resilient results and demonstrated its ability to adapt in the context of heightened geopolitical tensions and a volatile market environment. The CMA...

Iran’s control of Strait of Hormuz raises legal issues; reopening unlikely

LONDON: Iran’s tightening grip on the Strait of Hormuz has left global energy markets and shipping in turmoil, with The Financial Times reporting that...

UK maritime agency issues fresh security alert over “suspicious activity” by armed skiffs in Gulf of Aden

LONDON: The United Kingdom Maritime Trade Operations (UKMTO) agency has issued a fresh security alert following a flurry of "suspicious activity" detected within the...

Asia-US container rates mostly higher on Iran war stalemate; tanker rates edge lower

HOUSTON: Rates for shipping containers from east Asia and China to the US rose again this week and are now up by about $1,000/FEU...

HyFun Foods steps into Sustainable Export Logistics and launches new Reefer Rail Transport initiative in collaboration with Adani Logistics and Evergreen Marine Corporation

AHMEDABAD: In a significant step aligned with Hon’ble Prime Minister Narendra Modi’s recent call to reduce India’s consumption of fuels and adopt more sustainable...

US, Iran are in intense indirect talks for drafting final agreement: Report

TEHRAN: The United States and Iran are engaged in indirect talks aimed at developing a framework for a possible agreement, Iran's ISNA News Agency...

West Asia Crisis surged Container Freight Rates nearly Tenfold

NEW DELHI: Escalating geopolitical tensions in West Asia have significantly disrupted maritime trade flows, resulting in a steep increase in freight charges for cargo...

Hapag-Lloyd Annual General Meeting approves all proposed resolutions

HAMBURG: On Wednesday, Hapag-Lloyd AG shareholders approved all agenda items put to the vote at the Annual General Meeting with the required majority. This...

“K” LINE Recognized as Exceptional ESG and Climate Performer by Morningstar Sustainalytics

TOKYO: Kawasaki Kisen Kaisha, Ltd. (“K” LINE) has been selected by Morningstar Sustainalytics as one of its 2026 ESG Industry Leaders, while in 2025, the...

Bernhard Schulte’s first LCO₂ carrier christened in China

HAMBURG: Bernhard Schulte, the ship owning arm of the Schulte Group, will take delivery of its first liquefied carbon dioxide (LCO₂) carrier. The vessel,...
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