Cheap green hydrogen-based fuels are India’s biggest strength in decarbonising shipping, a study by the Global Maritime Forum (GMF) said. GMF’s research found that the production costs for green hydrogen and green ammonia in India are among the lowest in the world due...

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Naver Cloud and HD Korea Shipbuilding & Offshore Engineering will move to build a cloud tailored to the shipbuilding industry. They will jointly build an AI and cloud environment optimized for HD Korea Shipbuilding & Offshore Engineering’s design and...

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Yemen’s Houthi rebels have announced they are imposing a maritime embargo against Saudi Arabia in response for a recent attack on Sanaa Airport. Yahya Saree, a military spokesperson for the Houthis, said in a video statement on Monday that the maritime ban against...

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A prolonged closure of the Strait of Hormuz could send Brent crude to $150 a barrel, revive inflation and force major central banks to raise interest rates despite slowing economic growth, Capital Economics said in a recent note. Energy markets have absorbed the...

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Global port throughput volumes in 2025 demonstrated remarkable resilience, rising 6.5% YoY to 994 mteu, despite challenging geopolitical conditions. As a group, the global terminal operators (GTOs) outperformed the global market, increasing their equity-adjusted...

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