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India’s gov’t to plug c.USD 7.8 bn to revitalize shipbuilding
PLUS: US to move ahead with Pharma tariffs
Asyad Shipping buys three dry bulk carriers for USD 209 mn
The vessels are expected to be delivered by 1Q 2026
TODAY: XRG closes stake in Rio Grande + Fleet expansions updates from Asyad, Turkish Airlines
What we’re tracking this morning regionally and around the world
Karpowership affiliate acquires US shipyard for USD 50.6 mn
The AmFels Yard constructs offshore oil and gas platforms and manufactures vessels to support the energy sector
Fires, Red Sea turmoil drive record losses for the maritime protection & indemnity ins. clubs
The 2024-2025 FY saw a higher frequency and severity of net claims, resulting in an underwriting loss of USD 312…
US tariffs disrupt steel industry supply chain
Stories on our radar this morning from around the world
Updates on storage, shipping, and aviation from the UAE, and Syria
Stories on our radar this morning from around the region
Socar taps MSC to boost operations at Turkey’s Socar Terminal
Under the agreement MSC subsidiary Terminal Investment Limited will take up shares in Turkey’s Socar Terminal in Izmir, at an…
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