Thales has secured a contract worth £10m ($13.5m) from UK government-owned entity Defence Equipment and Support to design, develop, and supply new autonomous command centres for the Royal Navy’s Mine…
Adani Hazira Port has successfully commissioned a new Traffic Signal Light System As an effort to strengthen safety, streamline traffic movement, and improve overall operational efficiency within the port premises.…
The tanker market supply saw an interesting slowdown in ordering activity in 2025. Over the first 11 months, there were 231 orders of crude and product tankers over 25k dwt,…
A multibillion-dollar agreement for the export of natural gas from Israel to Egypt. NewMed Energy (45.3% working interest), Chevron (operator, 39.7%) and Ratio (15%) have received approval for their Leviathan…
Two French Navy frigates operating under the Saudi-led Combined Task Force have intercepted more than 150 $142 million worth of illicit drugs from multiple vessels in the Arabian Sea, marking…
The acquisition was completed through a share-based arrangement, enabling APSEZ to add the asset without significant immediate cash outflow. NQXT is characterised by stable, long-term contracts and strong operating margins,…
Japan will provide Egypt a grant worth EGP 1 billion (USD 22 million) to finance the construction and delivery of a first-of-its-kind Dive Support Vessel (DSV) for the Suez Canal…
Australian-flagged cruise ship Coral Adventurer remains stuck on the coast of Papua New Guinea after running into a reef early Saturday morning, with Australian authorities detaining the vessel over seaworthiness…
South Korean shipbuilding major HD Hyundai Heavy Industries (HHI) has signed a contract to deliver two 3,200-ton frigates to the Philippine Navy Since 2016, HHI has delivered two frigates and…
DP World’s port of Sokhna handled a record one million containers, making its position a key gateway for Egypt’s global trade. Strategically located on the Red Sea, the port of…
Kiyaan Singh