Chipolbrok and JIC Leasing Sign Strategic Cooperation Agreement

On May 9, Chipolbrok and JIC Leasing formally signed a strategic cooperation agreement in Shanghai, marking the beginning of a new phase in their partnership.

MTT Shipping Lists on Bursa, Raises $650 Million to Acquire 12 New Vessels

MTT Shipping and Logistics Bhd has successfully listed on the Main Market of Bursa Malaysia.

Qatari LNG Carrier Transits Strait of Hormuz for First Time

Reuters reports that, according to LSEG shipping data, the Qatari LNG carrier Al Kharaitiyat departed from Qatar's Ras Laffan port on Saturday local time, bound for Port Qasim in Pakistan, and is currently approaching the Strait of Hormuz.

Maersk CEO: $500 Million Monthly Fuel Bill "Fully" Passed on to Customers

Maersk CEO Vincent Clerc stated on May 7 that since the outbreak of the US-Iran conflict, the group's monthly fuel bill has doubled to $500 million.

BCI Index Breaks Through 5,000-Point Milestone

BCI Index Breaks Through 5,000-Point Milestone

COSCO SHIPPING Launches Maiden Voyage to Libya

Recently, COSCO SHIPPING announced the launch of a regular direct liner service to Libya at a ceremony in Benghazi, celebrating the first call of the 80,000-tonne multipurpose grain carrier Guo Yun Hai.

Zim Acquisition Case Takes New Turn! Mysterious Buyer Enters with $4.5 Billion Offer

Recently, the Sakal Group launched a $4.5 billion cash acquisition offer for Zim, outbidding Hapag-Lloyd's previously agreed-upon $4.2 billion deal.