The Secretary-General of the International Maritime Organization (IMO), Arsenio Dominguez, has urged immediate global cooperation to secure the release of 44 seafarers currently being held captive by pirates and armed robbers in
CK Hutchison Holdings, the Hong Kong-listed conglomerate controlled by billionaire Li Ka-shing, saw its interim profits tumble 92% in the first half of 2025, weighed down by one-off costs linked to its
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China’s state-owned shipping giant Cosco is aiming to secure a 20-30 percent stake in a $23 billion deal involving key global port assets, including strategic holdings near the Panama Canal, as Beijing
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Hong Kong tycoon Li Ka-shing’s CK Hutchison Holdings is facing mounting legal and geopolitical pressure as the Panamanian government moves to challenge the legitimacy of its long-standing ports contract, prompting concerns over
More CK Hutchison, the Hong Kong-based conglomerate controlled by billionaire Li Ka-shing, is courting a major Chinese investor to join a $23 billion global ports deal backed by BlackRock and Swiss-Italian shipping giant
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China’s largest shipping company, Cosco Shipping Corp., is seeking a powerful role in the consortium acquiring billionaire Li Ka-shing’s overseas ports business, in a bid to secure Beijing’s approval for the sensitive
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Europe’s busiest seaport, the Port of Rotterdam, is taking significant steps to prepare for the possibility of a war with Russia, including reserving dock space for NATO military supply ships and planning
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Global shipping giant Maersk has announced a temporary suspension of all vessel calls and cargo acceptance at Israel’s Port of Haifa, citing escalating security risks stemming from the ongoing conflict between Israel
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Charter prices for large oil tankers transiting the critical Strait of Hormuz have more than doubled in the past week following Israel’s recent attack on Iran, as shipowners grow increasingly wary of
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As the UN Ocean Conference (UNOC) approaches, bringing renewed attention to SDG 14 (Life Below Water) and the rights of ocean-dependent communities, India’s Vizhinjam coast highlights the environmental injustice and human cost
More The head of the Panama Canal Authority has voiced serious concerns that a $23 billion global ports transaction involving Hong Kong’s CK Hutchison could threaten the long-held neutrality of the strategic waterway.
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