Damen Shipyards Group has announced a contract with the Qatar Emiri Naval Forces (QENF) for the delivery of two ASD Tugs 3212. The contract was announced at the Doha International Maritime Defence Exhibition and Conference (DIMDEX) 2026 in Qatar.The…
Damen Wins Tug Contract from Qatari Emiri Navy Read More »
Qatar Gas Transport Company Q.P.S.C. Nakilat announced its financial results for the year ending December 31, 2025. The Group delivered a net profit of USD$460 million (QAR 1.69 billion), representing an increase of 3.1% compared to USD$450…
Nakilat Increases Annual Net Profit by 3.1%, Delivering $460m in FY2025 Read More »
Major shipping companies are devising strategies for a return to the Suez Canal after more than two years of disruptions due to security risks in the Red Sea.They have been rerouting vessels via longer, costlier routes around Africa since November 2023…
Shipping Companies Mull Return to Suez Canal Read More »
Palantir leaders said the U.S. technology company has clinched a deal to sell more software to HD Hyundai, ramping up its heavy-industry work in South Korea.The agreement is worth hundreds of millions of dollars to Palantir over several years…
U.S. Software Company Inks Deal with HD Hyundai Read More »
CMA CGM has announced its FAL1, FAL3 and MEX services connecting Asia and Europe, which recently began transiting Suez Canal again on backhaul voyages, will return to sailing around the Cape of Good Hope.CMA CGM cited the “the complex and uncertain…