Jumbo this month saw the launch of the first ship in the heavy lift company’s new K3000 class, named Jumbo Kinetic, at the Brodosplit Shipyard in Split, Croatia.
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Another tanker has been struck in the Strait of Hormuz, bringing the number of vessels reported hit in the strategic waterway since Sunday to at least six. UK Maritime Trade...
Global shipping is not running short of ships. The bigger problem is that a growing share of them are getting caught in congestion. Roughly 12% of global container ship capacity...
Saudi Arabia is planning an offensive against Iran-backed Houthi militants in Yemen, with options being considered including a coastal push to secure the Red Sea shipping route or an assault on multiple fronts, regional and Western officials told Reuters.
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