Hormuz disruption may cap dry bulk growth through 2027

Hormuz disruption may cap dry bulk growth through 2027
Dry bulk demand growth could be materially constrained through 2027 if disruption persists in the Strait of Hormuz, a route that typically carries about 4% of global dry bulk cargoes and tonne-mile demand, according to BIMCO’s April dry bulk market outlook. Around 210...
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Adani Ports Q4 profit up 9% to $348m on 133.4m tonnes cargo

Adani Ports and Special Economic Zone reported a 9% year-on-year increase in fourth-quarter profit after tax to ₹3,308 crore ($348m), supported by higher cargo volumes and revenue growth, according to Adani Ports and Special Economic Zone. Revenue for the quarter...
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OOCL orders 12 LNG dual-fuel 13,600 TEU container ships

OOCL orders 12 LNG dual-fuel 13,600 TEU container ships
Orient Overseas Container Line Ltd. (OOCL) has ordered twelve 13,600 TEU class LNG dual-fuel container vessels under shipbuilding contracts signed on 29 April 2026, according to OOCL. The agreement with Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. will introduce...
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PSA wins Xiamen terminal stake in 20 million TEU Fujian hub

PSA International has secured an investment in Xiamen Container Terminal Group, which operates eight container terminals with a combined annual capacity of about 20 million TEU, according to PSA International. The deal, subject to regulatory approvals and customary...
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