Armas Trasmediterránea Allocates 2 Million Berths for 2026 Gibraltar Strait Summer Operation
Armas Trasmediterránea sets nearly 2 million berths for the 2026 Strait Crossing Operation from June to September, handling up to 3 million passengers annually in the Western Mediterranean.
Hudong-Zhonghua to double LNG carrier capacity by 2030 amid 57 orders
Hudong-Zhonghua plans to double LNG carrier capacity by 2030 with 57 orders, impacting global shipbuilding and LNG transport markets amid rising demand.
VLCC Rates Soar to 21-Year High After Hormuz Closure in March 2026
VLCC rates from Middle East to Asia hit 21-year high in March 2026 after Iran closed Strait of Hormuz, increasing voyage distances by 40% and operational costs.