For more than four decades, Jebel Ali has been at the heart of Dubai’s transformation from a regional trading centre into one of the world’s major commercial hubs. Now, the war between
The shift towards digitalisation in shipping operations has significantly changed the industry’s risk landscape. While emerging technologies such as blockchain-based shipping documents, e-navigation, and IoT-enabled sensors enhance efficiency and transparency, they also
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In 2024, 128 major maritime construction projects were launched globally, with a total investment of approximately $52.63 billion. The combined cost of the ten most expensive projects alone reached around $26 billion,
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Hong Kong-based conglomerate CK Hutchison saw its shares plummet more than 6% on Friday after China strongly criticized its $22.8 billion deal with US asset manager BlackRock for the sale of its
More Shares in Clarksons, the world’s largest shipbroking company, plummeted by more than 20% on Monday following a warning that rising geopolitical tensions are negatively impacting shipping deals. The London-listed company reported in
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An oil tanker and a cargo ship collided off the coast of eastern England on Monday, setting both vessels on fire and prompting a large-scale rescue effort, emergency services reported. The incident
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President Donald Trump has developed an intense focus on shipbuilding, even texting about rust issues late into the night, according to John Phelan, his nominee for Navy secretary. He has also floated
More A coalition of billionaire investors, including BlackRock CEO Larry Fink, infrastructure mogul Adebayo Ogunlesi, and Hong Kong tycoon Li Ka-shing, has orchestrated a $22.8 billion acquisition of key global ports—most notably, two
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OPEC+ has announced it will move forward with plans to increase oil production starting in April, a decision that caught markets off guard and led to a sharp drop in crude prices.
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In a significant development in global trade and investment, BlackRock announced on Tuesday that it has agreed to acquire two ports serving the Panama Canal from Hong Kong’s CK Hutchinson. This move
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Norwegian fuel giant Haltbakk Bunkers has reportedly refused to supply fuel to U.S. military ships and personnel stationed in Norway following the recent meeting between former President Donald Trump and Ukrainian President
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