US government backs Port MacKenzie rail connection
U.S. Sanctions Law Firm, Shipping Agents and Nine Vessels in Iran Shadow Fleet Crackdown
The United States has imposed a new round of sanctions targeting a law firm, shipping agents and nine vessels accused of helping Iran move o…
US Announces grant to modernise Colombo port's digital infrastructure
United States Ambassador to Sri Lanka H.E. Eric Stern Meyer visited the Port of Colombo and met with senior officials of the Sri Lanka Ports…
Elbit Systems acquires Canadian autonomous underwater systems company to expand maritime capabilitiesAcquisition name, deal value, and ISE's sp…
Acquisition name, deal value, and ISE's specific autonomous underwater technology focus not disclosed in initial report.
Journal of Commerce:DSV reports Q3 revenue growth 15% despite volume declines; Schenker integration ongoing, road freight weakOcean freight rate elevation offset volume weakness; c…
Ocean freight rate elevation offset volume weakness; company actively shedding low-margin business lines.
IEA: Gulf Oil Shipping Costs Top $37 Per Barrel, Five Times Pre-War Levels
The cost of shipping crude oil from the Middle East Gulf to Asia has surged to more than $37 per barrel, over five times prewar levels, as a…
Jackdaw approval underlines importance of UK offshore competitiveness
The UK Chamber of Shipping and British Rig Owners' Association (BROA) have welcomed the approval of the Jackdaw field, highlighting the impo…
Ship attacked near Strait of Hormuz: maritime agency
A ship was struck on Wednesday by "an unknown projectile" off the coast of Oman, near the Strait of Hormuz, sparking a fire, a British marit…