London-listed asset manager Aberdeen Group has taken a 5.075% stake in Malaysian liner operator MTT Shipping and Logistics, becoming one of the company’s largest shareholders. Aberdeen’s Malaysian ...

German chemical tanker owner John T. Essberger has exercised options for two more vessels at China Merchants Industry Yangzhou Dingheng, lifting the company’s newbuilding programme to eight ships. The ...

Commercial shipping across the Black Sea is being squeezed from both directions as Russia steps up attacks on Ukrainian ports and vessels while Kyiv’s drone campaign forces new restrictions at ...

DP World has confirmed plans for two major terminals on the UAE’s east coast, creating new cargo-handling capacity outside the Strait of Hormuz as war forces governments and logistics groups to redraw ...

Splash Ports, a dedicated vertical covering the ports and terminals sector across container, bulk, and energy operations worldwide, launches today. The new publication has been created to provide ...

The US Maritime Administration is set to sign a landmark agreement with the Port of Long Beach to explore small modular reactors for commercial ships and other port applications, pushing nuclear ...

Chinese owner Zhejiang Shipping Group has signed up for two ultramax bulk carriers at New Dayang Shipbuilding. The contract is worth RMB519.6m ($77m), or about $38.5m per 64,000 dwt vessel, according ...

COSCO Shipping Specialised Carriers has moved to grow its heavylift fleet with an investment of up to RMB2.624bn ($387.8m) in eight multipurpose heavylift newbuildings at CSSC Chengxi Shipyard. The ...

APM Terminals and MSC-backed Terminal Investment Limited have notified Brazil’s competition regulator of a possible restructuring of their jointly owned BTP terminal ahead of the planned Tecon Santos ...

Norwegian oil and gas player Vår Energi and BlueNord have agreed to combine their businesses, making Vår Energi the largest independent producer of oil and gas in Europe. The transaction adds ...

Indian conglomerate Tata Group is seeking approval for a Rs100bn ($1bn) shipbuilding investment in the southern state of Kerala. Kerala chief minister V.D. Satheesan said the state government was ...

Tankers carrying Saudi crude as well as a Chinese car carrier have turned back in the Red Sea over the past 24 hours after Yemen’s Houthis declared a naval blockade on Saudi Arabia, threatening the ...