World.
Trafigura secures USD4.4 billion syndicated revolving credit facility and term loan facilities
Trafigura Group , a market leader in the global commodities industry, announced the closing of its new syndicated Revolving Credit Facility and Term Loan Facilities at approximately USD4.4 billion. The Facilities were substantially oversubscribed and upsized from their initial launch amount of USD3.5 billion-equivalent, with 40 financial institutions participating in the transaction. The new…
Allied Weekly Market Review Week 35
Pls find below the Allied - Weekly Market Review - Week 35 ALLIED - Weekly Market Report- Week 35
Davies Turner celebrates summer of success with top ranking recognition and industry award wins
Leading logistics provider climbs to seventh in CILT Top 30 while securing Multimodal 3PL Award and sixth consecutive RoSPA Gold Davies Turner is celebrating a standout summer of recognition after…
Trump seeks to refill US oil reserve with Venezuela deal but faces long delay
U.S. President Donald Trump said on the 30th (local time) that he would refill the U.S. Strategic Petroleum Reserve, which has been depleted with Venezuelan crude. The plan is to secure reserve…
NorthStandard works to reduce survey burden on ships through RightShip collaboration
Vessels are regularly required to undergo inspections from multiple parties with similar scopes. Through our collaboration with RightShip, trusted, high-quality inspection information can be shared…
Panama Canal announces new Draft Adjustments for Neopanamax Locks
The Panama Canal Authority announced, through a notice to shipping companies, that effective August 26, 2026, the maximum authorized draft for vessels transiting the Neopanamax locks will be reduced…
Indian Register of Shipping hosts meet with Marine Equipment Manufacturers to strengthen Industry Engagement
Indian Register of Shipping organised a customer interaction meet with manufacturers, technical consultants and other stakeholders from the marine equipment industry to strengthen collaboration,…
MMMA’s Cumulative Women Cadet Enrollment surpasses 100, reaching a record since its founding
MMMA Continues to Attract and Develop the Next Generation of Women Maritime Professionals Mitsui O.S.K. Lines, announced that MOL Magsaysay Maritime Academy , a merchant maritime academy jointly…
The HGK Group boosts its corporate affairs portfolio and intensifies the internationalisation of its logistics and ocean freight activities
The HGK Group is strengthening its team with an internationally experienced manager: Richard Schroeter, operating as the new Director Corporate Affairs, will not only be responsible for the strategic…
Sallaum Lines marks a historic double delivery with the MV Ocean Express and MV Ocean Navigator
Sallaum Lines celebrates a major milestone in its fleet expansion programme with the simultaneous delivery of MV Ocean Express and MV Ocean Navigator, two new Pure Car and Truck Carriers joining…
Nigerian National War College Delegation visits Indian Register of Shipping
A delegation from the Nigerian National War College visited Indian Register of Shipping as part of its study programme aimed at understanding India's maritime ecosystem, classification services,…
Suez, Panama canals charge for transit. Why can’t Hormuz?
Iran has been widely condemned for demanding up to $2 million for vessels to ship through the Strait of Hormuz. DW explores the reasons why Egypt can charge for the Suez Canal and Panama for its…
DP World launches Nuclear Energy Study at Port of Constanta in Romania
DP World has signed an agreement with French research organisation Commissariat à l’Energie Atomique et aux Energies Alternatives (CEA) and strategy specialist TerraWater Institute to launch a…
Sailors stressed and exhausted after months trapped by Strait of Hormuz blockade
The sea is sometimes so tranquil that Captain Hassan Khan forgets his ship has been stuck in the middle of a war zone for three months. “It is really strange that everything looks normal outside,…
OceanScore and Anglo-Eastern collaborate on EU ETS and FuelEU Maritime compliance support
OceanScore and Anglo-Eastern Univan Group are working together to support compliance with the European Union Emissions Trading System and FuelEU Maritime regulations across vessels under…
SSI simplifies newbuilding and retrofit projects with integration of third-party ship models
Leader in ship design and product lifecycle management solutions takes agnostic approach to shipbuilding data for streamlined production process SSI, the leader in software, services, and expertise…
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