Shipowners grapple with OPEC+ supply increases, tensions in the Middle East, and rising numbers of newbuildings.

Dry bulk shipping is facing waning demand from China and earnings were down around 25% in the first half of the year.

Jebel Ali records highest cargo volumes since 2015 Dubai port sees 1m teu throughput uplift and 23% rise in breakbulk cargo in 2024.

Underscoring both increased productivity by Chinese yards and higher vessel prices the value of China’s new ship exports jumped 91% in the first half of 2024.

MSC closes in on 20% share of container ship market The world’s largest container line MSC continues to get bigger and now holds the most dominant position any company has ever held in the market.

Drydocks World adds to portfolio with massive offshore deals Conversion, upgrade and repair works continue to grow in number and scale at Drydocks World as regulations drive a focus on ...

The report brings an exclusive insight into the country's maritime, logistics, legal affairs and port sectors featuring in-depth interviews with key industry players.

Maersk Tankers has entered into a deal to commercially manage 27 tankers from Team Tankers International under two new pools.

Maersk Tankers closed on the acquisition of US-based tanker pool operator Penfield Marine last week, expanding its crude and product tanker reach.

Norwegian shipping magnate John Fredriksen is moving away from dry bulk shipping selling his Golden Ocean shares to the Savery’s family-controlled firm.

Norwegian shipowner Seatrans is the latest to go down the joint venture route for ship management forming a new company with Columbia Ship Management (CSM).

Shipping is seeing a rise in cyber attacks as the industry digitalises, a process that has been accelerated by the Covid-19 pandemic.