Israel launched large-scale strikes against Iran on Friday, saying it had attacked nuclear facilities and missile factories and killed a swathe of military commanders in what could be a prolonged operation to prevent Tehran building an atomic weapon.U.S. President Donald Trump suggested that Iran had brought the attack on itself by resisting U.S. demands in talks to restrict its nuclear programme, and urged it to make a deal…
The IEA’s medium-term outlook sees global oil supply increase set to far outpace demand growth in coming years.With intensifying geopolitical strains and heightened uncertainty about global economic prospects, oil markets are undergoing structural…
Adani Ports and Special Economic Zone, India's largest private port operator, plans a return to the domestic bond market after a 17-month hiatus in what could be its largest-ever rupee denominated debt issue, three merchant bankers said on Wednesday…
Russia's leading tanker group Sovcomflot plunged to a net loss of $393 million in the first quarter, blaming the slump on new Western sanctions that have led to operational problems, lower revenues and some vessels sitting idle.Sovcomflot's…
A 90-day trade thaw between Washington and Beijing could prove to be a welcome reprieve for the U.S. freight industry, as importers rush to lock in shipments ahead of the busy back-to-school period, experts said.The $906 billion U.S. trucking industry…
French shipping group CMA CGM will reorganise its global fleet to avoid U.S. port fees on Chinese-built vessels that are due to take effect from October, the company's finance director said.The port charges are another operational headache for shipping firms wrestling with the fallout from U…
Ang Wee Keong, currently the Assistant Chief Executive (International) of the Info-Communications Media Development Authority (IMDA), will take on the role of Chief Executive of the Maritime and Port Authority (MPA) effective June 16.In his current role…
Only four or five months ago, the U.S. offshore market seemed poised to embark on a phase of major expansion to become one of the world’s largest markets for offshore wind installations. How things have changed with the swearing in of the new Trump Administration…
China's top market regulator said on Sunday it was paying close attention to CK Hutchison's planned sale of most of its port operations to a BlackRock-led consortium and parties to the deal should not try to avoid an antitrust review.The sale by the Hong Kong conglomerate…
The death toll from a powerful explosion at Iran's biggest port of Bandar Abbas has risen to at least 40, with more than 1,200 people injured, state media reported on Sunday, as firefighters worked to fully extinguish the fire.Saturday's blast took place in the Shahid Rajaee section of the port…
Singapore's PSA International is exploring the sale of its 20% stake in CK Hutchison's ports business, two people with knowledge of the matter said, joining the Hong Kong conglomerate in its controversial plans to sell.Tycoon Li Ka-shing's CK…
The Office of the United States Trade Representative (“USTR”) issued a detailed notice on April 17, 2025, regarding actions and proposed actions in response to China's alleged targeting of the maritime, logistics, and shipbuilding sectors for dominance…
Shipping giant CMA CGM and tech startup Mistral AI expect rapid productivity gains from a 100 million euro ($110 million) partnership unveiled on Sunday, which the French firms also touted as a commitment to their home country amid the global trade tensions…
