Shipping

Massive explosion at Iran’s Bandar Abbas port kills several, injures hundreds

A massive explosion and fire ripped through Iran’s largest commercial port, Shahid Rajaee in Bandar Abbas, on Saturday, leaving at least eight people dead and over 700 injured.

Pakistan-Bangladesh direct shipping route cuts transit times by 50% boosting regional trade

The introduction of a direct maritime link between Pakistan and Bangladesh has already made waves in regional trade, with more than 1,000 containers shipped since its launch in October 2024
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Samsung secures more than $200 billion Broadcom AI chip deal through 2030

Samsung Electronics has signed a memorandum of understanding (MOU) with U.S. chip designer Broadcom to expand their strategic partnership, with the collaboration expected to exceed $200 billion through 2030.
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