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GLOBALThe Loadstar3h ago

Typhoon-related port congestion keeps intra-Asia rates high and capacity tight

Intra-Asia freight rates rose for the fifth straight week as typhoon-related congestion in China and bottlenecks in transhipment ports Busan, Hong Kong, and Singapore tied up vessel supply. On 3…

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MIDDLE EASTSplash2473h ago

Cochin and Drydocks World seal Kochi repair venture

India’s Cochin Shipyard has approved a 50:50 joint venture with DP World’s Drydocks World that will take over its International Ship Repair Facility (ISRF) in Kochi, giving the Dubai-based repair…

MIDDLE EASTSplash2475h ago

Hormuz attacks reach wartime high

The US-Iran conflict has descended into an increasingly literal tanker war, with this week registering the largest wave of attacks on shipping since hostilities began on February 28. US forces…

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