Marco Polo Marine pushes ahead with shipyard spin-off as charter and repair revenues climb
Sean Lee-led company depicts stable outlook for all its business segments
UAE Says Two Missiles Detected Earlier were Launched from Iran
The United Arab Emirates’ defense ministry said on Tuesday that it had detected two ballistic missiles launched from Iran, the first such incident reported since a May 4 strike on the Fujairah port.In a statement later, the ministry said the…
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Hormuz Traffic Slows as Uncertainty Persists
Shipping through the Strait of Hormuz slowed, data showed on Wednesday, as most shipowners avoided the key waterway because of a lack of clear signalling on its reopening from a blockade during the Iran war.Six commodity vessels crossed the strait on T…
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Portchain and X-Press Feeders Partner on Efficiency
Portchain and X-Press Feeders have announced a partnership to bring digital solutions to the feeder market through the deployment of Portchain Connect.The project will optimize berth alignment through real-time data exchange, enhancing just…
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Danish Shipping Welcomes EU Proposal for Indian Ship Recyclers
The European Commission has proposed adding two Indian ship recycling facilities in Alang to the European List of approved ship recycling facilities. Danish Shipping warmly welcomes the proposal, calling it an important step for responsible…
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