East China’s Fujian Province-based international shipping association “Silk Road Maritime” on Thursday unveiled six new international ship routes, bringing the total routes to 100 ahead of its fifth anniversary, further securing the maritime supply chain under the...

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Adani Ports and Special Economic Zone Ltd (APSEZ) on Saturday said it has completed the acquisition of Karaikal Port Pvt Ltd (KPPL) pursuant to National Company Law Tribunal (NCLT) approval. Earlier, APSEZ was declared a successful resolution applicant under the...

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The Port of Rotterdam Authority is now constructing the new quay walls, which will be completed by mid-2024. The expansion will increase the terminal’s capacity by approx. 2 million TEU and the new section is expected to be operational in the second half of 2026. APM...

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Ships flying the Cypriot flag are faced with a second Turkish embargo as they are prevented from transporting grain from or to Ukraine under the Black Sea Grain Initiative, said Shipping Minister Marina Hadjimanolis. She pointed out that following Russia’s invasion of...

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Shipping group NORDEN has acquired larger capesize dry bulk ships, aiming to benefit from China’s economy reopening and expectations of a pick up in commodities trade, the Danish company’s CEO said. Three years of rigid border controls and sweeping lockdowns during...

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Euronav NV reported its final financial results today for the full year to 31 December 2022. The large crude tanker market is well positioned to start a multi-year upcycle based on strong fundamentals and well supported tanker market specific catalysts: • Orderbooks...

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