ALBAWABA - The South Korean Stock Market (Kospi) suffered one of the worst plunges in its history after a two-year rally, the culprit is AI and tech investors pulling out...
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CMA CGM and infrastructure investment firm Stonepeak have completed the formation of UNITED PORTS LLC, a joint venture that brings together a portfolio of major container terminals across five…
International Association of Classification Societies (IACS) secretary-general Robert Ashdown has been appointed chair of trustees at seafarer charity Stella Maris UK, succeeding Captain Esteban…
Jinhui Shipping and Transportation has secured up to $36m through sale-and-leaseback deals covering two ultramax bulk carriers under construction in China. The Oslo- and Hong Kong-listed owner has…
Hapag-Lloyd has reopened bookings to and from Upper Gulf destinations, using inland transport and third-party feeder services that avoid the Strait of Hormuz. The revised routing covers cargo moving…
The German government earmarked €1.7 billion for the installation of the European Train Control System (ETCS) on rail rolling stock until 2030. The initiative has…
Ukraine claims its drones have struck 201 Russian-linked ships in just over three weeks, an extraordinary tally that has pushed Moscow towards arming grain carriers and further blurred the…
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