CSSC Shipping reports 2025 revenue growth despite tax provision impact
CSSC Shipping Hong Kong reported revenue of HK$4.044 billion ($518.49 million) for the year ended December 31, 2025, representing a…
Mexico says two aid boats bound for Cuba are missing
Mexico’s navy said on Thursday it had activated a search-and-rescue operation in the Caribbean to locate two sailboats carrying humanitarian…
UAE prepared to back mission to reopen Strait of Hormuz
The United Arab Emirates has told the US and other Western allies it would participate in a multinational maritime taskforce…
The war in Iran will have knock-on effects for the steel markets in the upcoming months
Seaborne steel flows reached 21.1mt in February 2026, up less than 1% from the same period last year. The global…
Shipbuilder Hengli Heavy plots world’s largest dry dock in $1bn capacity drive
Hengli Group has also launched Dalian Shipping to expand the region’s maritime strength
Norden orders two ice-class vessels as it raises bet on MPP
Danish owner-operator adds to bet on MPPs
Record US VLGC fixtures support spot rates at two-year highs
Brokers say scramble for alternative sources of gas intensifies as Middle East disruption continues
LNG bunker demand estimates for 2026 nudged lower amid Middle East war fallout
Growth is still forecast as decisions on fuelling appear to be led by individual customers and are not always price-driven
Ernst Russ braces for profit slump after stellar year
High-water mark reached as owner shifts to a broader fleet mix and longer-term contracts
Greek owner Gleamray resumes sale and purchase drive after two-year pause
Low-profile firm is said to be substituting a kamsarmax for an older supramax vessel