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Fri, Mar

UAE Stands Ready to Join Force to Reopen Strait of Hormuz

The United Arab Emirates has told the U.S. and other Western allies it would participate in a multinational maritime taskforce to reopen the Strait of Hormuz, the Financial Times reported on Friday,
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Thordon Bearings Appoints Engineering Leads

Thordon Bearings has announced two significant appointments which reinforce its commitment to meet growing demand for high performance, pollution-free seawater-lubricated bearings and seals in commercial shipping.Anthony Hamilton has been appointed…
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CIMAC Report Reminds on New fuel Safety Risks

CIMAC Working Group 17 (Gas Engines) has just released a new guideline that provides a comprehensive overview of how alternative fuels such as hydrogen, ammonia, methanol, and ethanol can be used in
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Hapag-Lloyd Earnings Down from Last Year

Hapag-Lloyd has published its annual report for the 2025 fiscal year, announcing that the group EBITDA stood at $3.6 billion (EUR 3.2 billion) and profits at $1.0 billion (EUR 0.9 billion).The result
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BIMCO: 130 Container Ships Stranded in Persian Gulf

BIMCO has released its Container Shipping Market Overview & Outlook March 2026 saying the Iran war amplifies outlook uncertainty."Following the start of attacks on Iran on 28 February, transits through the Strait
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Houthis Stand Ready to Join Iran War, Additional Shipping Risk

Yemen's Iran-aligned Houthi movement, whose attacks on the Red Sea caused international shipping and trade chaos during the Gaza war, stands ready to strike the key waterway again in solidarity with Tehran,
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Maraen Approves $40M Port of Nigg Upgrade After Rebrand

Maraen has approved plans for more than $40 million (£30 million) investment for the upgrades at the Port of Nigg, following the integration of three energy businesses under a new brand.Maraen combines
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