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LPG tanker Nanda Devi reaches Gujarat port
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Amid LPG shortage due to West Asia conflict, the second LPG tanker Nanda Devi reached Gujarat's Vadinar port on Tuesday morning carrying over 47,000 metric tonnes. Part of the cargo will be sent to Tamil Nadu. The Shivalik tanker had earlier arrived at Mundra port with 46,000 metric tonnes of LPG.
Compañía Sudamericana de Vapores (CSAV), part of Grupo Luksic, reported profits of US$213.1 million for 2025, down 45% from 2024. The decline stems mainly from lower results at its key investment Hapag-Lloyd, due to reduced freight rates and higher operating costs.
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Cosco Shipping Ports, a unit of state-owned Cosco Shipping, reported a 1.1 per cent rise in net profit for 2025. Executives expect limited overall impact from recent military conflicts involving the US, Israel and Iran. The firm will closely monitor Middle East developments and explore alternatives.
Ethiopia's state-owned shipping company has become a standout enterprise in the market. However, its latest results highlight a policy dilemma as dollar targets slip.
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Et bilfracter tog ild i maskinrummet kort efter afgang fra Emden. Besætningen begrænsede branden, og redningsmandskabet slukkede den fuldstændigt uden personskader eller miljøskader. Skibet blev sikkert slept tilbage til Emden havn.
The Suez Canal on Saturday saw the passage of the CMA CGM BENJAMIN FRANKLIN, the largest container ship to transit the waterway in two years, signaling a positive return of traffic to the vital trade route. Admiral Osama Rabie, chairperson of the Suez Canal Authority, described it as the start of giant ships resuming operations. The vessel was part of a northbound convoy from the United Kingdom to Malaysia.
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GPS disruptions have increased over the past year in the Baltic Sea, affecting both shipping and air traffic. The Swedish Maritime Administration is developing a new navigation system based on ground stations to counter the issues. The system will be less vulnerable but not as precise, according to expert Johan Winell.
Zim insiders sell amid Hapag-Lloyd takeover offer
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