India’s major ports handled 915.17m tonnes of cargo in FY2025–26, beating the 904m-tonne target and delivering 7.06% year-on-year growth, according to the Ministry of Ports, Shipping and Waterways. Throughput was led by Deendayal Port Authority at 160.11m tonnes,...

Djibouti has officially opened the Djibouti Ship Repair Yard (DSRY), positioning the facility as the largest of its kind in the Red Sea and East Africa, according to the state news agency ADI. The inauguration was also confirmed by Djibouti Ports & Free Zones...

Hafnia has signed a contract to build eight medium-range product tankers at Hyundai Heavy Industries for about $405 million, with deliveries scheduled from the third quarter of 2028 to the second quarter of 2029, according to Hafnia. The deal fixes fresh MR capacity...