Economy
Iran's Economic Growth Reached Negative 10.1 Percent in Spring 2026
Iran's economic growth in the first quarter of 2026, including oil, has reached negative 10.1 percent. The oil and gas s...
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Economy
International Union of Marine Insurance Launches Crew Welfare Checklist
The International Union of Marine Insurance has introduced a Crew Welfare Checklist to enhance the assessment of marine...
Economy
Global Marine Energy Insurance Market Under Profitability Pressure
The global marine energy insurance market reached $4.8 billion in 2025, marking only a 0.1% increase compared to the pre...
Technology
Twelfth Session of the IMO CCC Sub-Committee on Methanol Fuel
The IMO Sub-Committee on Cargo Transport and Containers (CCC 12) provided new guidelines for the use of methanol as ship...
Economy
Maersk and Hapag-Lloyd Announce Change in Maritime Services
Maersk and Hapag-Lloyd have rerouted services AE19 and AE15 to the Suez Canal after assessing the security situation in...
Economy
Sanjeev Sanyal Warned That India May Face an Economic Crisis
Sanjeev Sanyal, a member of the Prime Minister of India's Economic Advisory Council, warned about the potential for an e...
Economy
Launch of a New Container Transportation Route Between Jiangyin Port and Mexico
A cargo ship with 524 special containers has set sail from Jiangyin Port in China to Manzanillo Port in Mexico, establis...
Technology
Lattice and PROSTEP Collaboration in Shipbuilding Data Transformation
Lattice has begun its collaboration with PROSTEP to improve shipbuilding processes. This collaboration includes providin...
Oil and Petrochemicals
Oil Product Reserves in Fujairah Reach Five-Month High
Oil product reserves in the Fujairah oil industrial area in the United Arab Emirates increased by 59% to 10.296 million...
Economy
Reduction of Transit Time from India to Savannah with Return to Suez Route
Shipping lines have reduced the transit time of cargo from India to the port of Savannah by 10 to 14 days with the retur...
Economy
DP World Emphasizes the Importance of Resilience in Maritime Trade
DP World has examined the impacts of global disruptions on maritime trade in a new report. The report emphasizes the nec...
Economy
European Investment Bank Provides 100 Million Euros for Klaipeda Port Development
The European Investment Bank is contributing 100 million euros to the development of Klaipeda Port. This project will st...