Singapore, 24 March 2026 - Ocean Network Express (ONE) has successfully completed a long-term partnership agreement with Dongwon Group by acquiring an indirect but meaningful share in its secondary subsidiary, Dongwon Global Terminal Busan (DGT). 

Abu Dhabi energy and petrochemicals group ADNOC’s CEO Sultan Ahmed Al Jaber, speaking at CERAWeek, said the rise in oil prices was slowing global economic growth and added that no country should be allowed to hold Hormuz hostage.

India’s Directorate General of Shipping has established a dedicated help line and e-mail id to support exporters, shipping lines, and multimodal transport operators regarding issues arising from the current situation in the Middle East.

The EU and Australia concluded negotiations for an ‘ambitious and balanced’ free trade agreement (FTA). The FTA final text was agreed on Wednesday during a leaders’ meeting in Canberra between European Commission president Ursula von der Leyen and prime minister of Australia Anthony Albanese.

Taiwanese carrier TS Lines is adding more tonnage to its fleet, signing up for 2,900 teu containerships at China’s Fujian Mawei Shipyard in a deal worth $168.6m.

Japanese containerline Ocean Network Express (ONE) has completed a long-term partnership agreement with Dongwon Group by acquiring an indirect share in Dongwon Global Terminal Busan (DGT). 

Container volumes up but revenues down for the Chinese shipping giant

Having stalled the IMO Net Zero Framework in October last year the Trump administration is now aiming to kill it stone dead

“Not enough planes, trains or trucks” to carry cargo moved by ship