HMM is expected to report a sharp improvement in second-quarter earnings as stronger container freight rates offset higher fuel costs, Shinhan Investment & Securities said Wednesday. The brokerage estimated HMM’s second-quarter revenue at 3.28 trillion won ($2.21...

Read More

The Arabian Gulf has seen a further cycle of violence with attacks on ships and shore installations. Two tankers were struck while transiting the Strait of Hormuz, resulting in multiple casualties and one seafarer killed. Another chemical tanker was struck by an...

Read More

The U.S. will target bridges and power plants in Iran in response to any attacks by Tehran on ships in the Strait of Hormuz, U.S. President Donald Trump warned on Wednesday. In a social media post, Trump wrote: “From this point forward, any time the Islamic Republic...

Read More

A new generation of world-class shipyards is powering India’s maritime ambitions. Through advanced infrastructure, cutting-edge technology, and expanding global order books, these shipyards are strengthening the country’s commercial and defence capabilities while...

Read More