MSC has planned to change the port rotation of its Santana Service as part of its ongoing efforts to simplify its services for enhanced transit times and schedule dependability.
By Sam Meredith Oil supertanker costs in the Middle East climbed to their highest level on record as conflict between the U.S. and Iran disrupts shipping through the strategically vital Strait of Hormuz. Major marine war risk providers have started to scrap cover for vessels operating in the Persian Gulf as the fallout from a sudden security shock hobbles… Read More
TORONTO, March 03, 2026 (GLOBE NEWSWIRE) — Arctic Gateway Group (AGG) and Port of Antwerp-Bruges International (POABI) have signed a new agreement to enable opportunities for trade, collaboration, investment and long-term partnership between Canada’s Port of Churchill and the Port of Antwerp-Bruges, one of Europe’s largest and most diversified ports. The agreement establishes a framework… Read More
March 3 (Reuters) – A BlackRock-backed consortium is pushing to complete its acquisition of CK Hutchison’s (0001.HK) global ports business without two terminals in Panama, after authorities seized the assets, Financial Times reported on Tuesday. Swiss-Italian shipping firm Mediterranean Shipping Company (MSC) and the U.S.-listed asset manager are said to be in talks with CK… Read More
London-based war risk underwriters are set to determine on Monday the revised high-risk boundaries and additional premiums for vessels transiting the Middle East after US-led strikes on Iran prompted Tehran to shut the strategically vital Strait of Hormuz. Nearly 20% of the world’s crude oil flows through this narrow waterway, making the disruption a major… Read More
CentrePort Limited ended the first half of the 2026 financial year positively with an unaudited underlying profit of $8.7m. This sees the port broadly on target to meet its end-of-year forecast. The underlying profit is $0.5m ahead of last year, while Net Revenue was also marginally ahead of budget driven by increased trade volumes for containers,… Read More