Chipolbrok and JIC Leasing Sign Strategic Cooperation Agreement

On May 9, Chipolbrok and JIC Leasing formally signed a strategic cooperation agreement in Shanghai, marking the beginning of a new phase in their partnership.

MTT Shipping Lists on Bursa, Raises $650 Million to Acquire 12 New Vessels

MTT Shipping and Logistics Bhd has successfully listed on the Main Market of Bursa Malaysia.

Qatari LNG Carrier Transits Strait of Hormuz for First Time

Reuters reports that, according to LSEG shipping data, the Qatari LNG carrier Al Kharaitiyat departed from Qatar's Ras Laffan port on Saturday local time, bound for Port Qasim in Pakistan, and is currently approaching the Strait of Hormuz.

Q1 Tanker Orders Explode: 85 VLCCs and 58 Suezmax Vessels Mark One of the Most Frenzied Starts in History

According to data from shipbroker BRS, the orders placed for Very Large Crude Carriers (VLCCs) and Suezmax tankers in the first quarter alone are enough to make it one of the most active periods on record.

115 Suspected Cases! Mysterious Outbreak Strikes Another Cruise Ship

According to the U.S. Centers for Disease Control and Prevention (CDC), a norovirus outbreak has occurred aboard the Caribbean Princess, a vessel operated by Princess Cruises.

Maersk CEO: $500 Million Monthly Fuel Bill "Fully" Passed on to Customers

Maersk CEO Vincent Clerc stated on May 7 that since the outbreak of the US-Iran conflict, the group's monthly fuel bill has doubled to $500 million.

Port Giant Enters Shipping War Risk Insurance Market

DP World has recently launched a cargo war risk insurance solution designed to address the escalating disruptions along Middle East trade routes.