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GLOBALSplash2472h ago

Japanese bank merger creates $12.8bn ship finance heavyweight

Two of Japan’s most important regional maritime lenders are joining forces, creating a banking group with more than ¥2.1trn ($12.8bn) in ship and maritime loans. Iyogin Holdings and Ehime Bank, both…

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MIDDLE EASTContainer News1h ago

RCL cancels China–Red Sea sailing over security risks

Regional Container Lines (RCL) has cancelled a scheduled China–Red Sea sailing, citing the continued escalation of security threats in the Red Sea region. The carrier said it has declared Force…

MIDDLE EASTSplash2472h ago

Ukraine strike on Iranian ship ties wars together

The wars in Ukraine and the Middle East collided at sea over the weekend after a Ukrainian long-range drone strike hit an Iranian vessel in the Caspian Sea, prompting Tehran to warn that the attack…

MIDDLE EASTSplash2472h ago

Weekend lull fails to unlock Hormuz shipping

The Strait of Hormuz experienced its quietest weekend in nearly two weeks after the US and Iran paused their attacks, but commercial shipping remained close to paralysis and tensions continued to…

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