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Shipowners grapple with OPEC+ supply increases, tensions in the Middle East, and rising numbers of newbuildings.
Get the latest news and commentary on how the conflict in the Middle East is affecting the global maritime industry and shipping markets.
DP World investing $165 million in Romanian port development Dubai-headquartered DP World is building up its presence in Romania with three new locations.
Middle East Special Report 2024 There has been a flurry of investment in energy, ports, and logistics across the Middle East as well an international expansion of the region's leading maritime ...
Top China ports see 10% container volume growth in Q1 Container volume and cargo throughput at Chinese ports both achieved positive growth in the first quarter of this year.
Suez Canal revenue drops by almost half due to Red Sea crisis The revenue of Egypt's Suez Canal has declined by almost half this year following attacks on shipping in the Red Sea by the Houthi ...
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.
Why is data so important in the maritime and shipping industry today? In all industries there is a need to make faster, more accurate decisions in order to gain a competitive edge, and data and ...
Chinese port of Shandong posted a cargo throughput of 1.71 billion tons in 2023, up 5.6% year-on-year, making it the world’s busiest cargo handling port.
Wilhelmsen’s Barber Ship Management is looking to carve out a niche in the tanker market where it takes responsibility of the full lifecycle of the vessel.
China was the world’s largest shipbuilding nation in 2023 across all three measures of output, new shipbuilding contracts and orders-on-hand.
Delivery slots at CSSC three major yards in Shanghai, Hudong-Zhonghua Shipbuilding, Jiangnan Shipyard and Waigaoqiao Shipbuilding, are full to 2027.
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