Dubai-based shipbroker MVS Marine Services has filed a lawsuit in the Kuala Lumpur High Court against Keyfield Resolute, a subsidiary of Keyfield International, alleging unpaid commissions related to the sale of the vessel Keyfield Compassion.
The Baltic Exchange's dry bulk freight index fell on Wednesday to its lowest level since July 1, as lower Capesize and supramax rates overshadowed gains in the Panamax segment.
Damen Shipyards Group has signed a contract with harbour and towage operator Svitzer for an ASD Tug 2312. The vessel is scheduled for delivery in late 2026.
CMA CGM has published its financial results for the second quarter of 2026.CMA CGM said it achieved strong results driven by the group’s agility in a volatile environment marked by geopolitical tensions, particularly in the Middle East.The company reported strong…
Only one oil tanker transited the Strait of Hormuz on Thursday, the lowest number of crossings since May 7, as war risks spiked this week to hike crude oil prices above $100 per barrel again.
