Oaktree ends decade in TORM with $311m Hafnia sale
Hafnia completed its purchase of about 14.1 million TORM A shares from Oaktree on 22 December 2025, paying $22 a share for $311.43 million and pushing Oaktree below the one-third…
Hafnia completed its purchase of about 14.1 million TORM A shares from Oaktree on 22 December 2025, paying $22 a share for $311.43 million and pushing Oaktree below the one-third…
India’s free trade cover now spans 38 countries across nine deals. The UK and Oman agreements go live in 2026, the EU pact in 2027 Three of the nine deals…
China has officially commenced commercial operations for the world’s first standard modular battery swapping ship. The vessel, named Hefu Weilan 01, completed its maiden cargo voyage between Wuhu Port and…
DP World Chairman Essa Kazim recently met with Qutaiba Ahmed Badawi, Chairman of Syria’s General Authority for Borders and Customs, in Damascus to review the progress of the Port of…
Bremen-based defense firm Euroatlas has introduced Greyshark, the world’s largest and longest endurance autonomous underwater vehicle (AUV). Designed to operate without a support ship for up to four months, Greyshark…
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…
Russia’s Arctic shipping lanes have become a corridor for the global shadow fleet of sanctioned oil and LNG tankers, raising safety, environmental, and geopolitical concerns. 2025, nearly one-third of vessels…
Britain has highlighted the Turkey C-130J programme as part of its record defence export performance, presenting a £550m figure contract value. The UK Government has included the Turkey C-130J Hercules…
India’s exports of engineering goods amounted to Rs. 99,550 crore (US$11.03 billion) in November, showing massive growth in exports to the United States and Europe as well as a continuation…
Leading Container Liner Mediterranean Shipping Company (MSC) to introduce faster transit times from South Africa to northern Europe for Jan-Feb 2026. Service will now be called as Cape Town instead…
In 2025, India’s industrial and logistics real estate market hit a peak, with leasing activity jumping roughly 19 percent to reach 76.5 million square feet across 24 key urban centers.…
The US remains India’s largest export destination, accounting for 21.1% of merchandise exports $78.5B, followed by the UAE at 8.5% $31.8B, the Netherlands at 4.4% $16.5B and China at 3.7%…
Thailand’s rice exports in 2025 are expected to reach 7.8–8.0 million tonnes, exceeding the earlier target due to late-year import demand supported by Thailand’s main-season rice output, said by Director-General…
Transport Corporation of India (TCI) has expanded its Taj Nagar facility by 1.5 lakh sq. ft., with 16 million sq. ft. of warehousing space nationwide in India. This facility is…
As the U.S. government’s commitment to nuclear-powered submarine capability. Hanwha’s Philly Shipyard has the capability of building a nuclear-powered submarine for the US Navy, said Alex Wong, global chief strategy…