Suez Canal expected to earn over $8.5bln in 2023
EGYPT : Revenues of Suez Canal are expected to reach $8.70 billion in 2023, Chairman of the Suez Canal Authority (SCA), Osama Rabie, said. On Monday, cargo ship
Saudi Arabia boosts its Maritime Connectivity with LSCI Jump
RIYADH : The Kingdom of Saudi Arabia has registered a significant improvement in the UNCTAD’s Liner Shipping Connectivity Index (LSCI) for Q4 2022, scoring 71.33 points in comparison
Celebi India gears up to provide Ground Services at Manohar International Airport, Goa
NEW DELHI : Celebi India, the country’s largest aviation ground handling and cargo logistics company, commences ground-handling services in Goa with the opening of Manohar International Airport (MIA)
Bolloré Logistics taking part in Greater Bay Area freight delivery optimization project, China
HONG KONG : Bolloré Logistics Hong Kong and Shenzhen are taking part in an experimental sea-air transshipment initiative at the Hong Kong International Airport (HKIA) logistics park. Located
Bangladesh Matarbari will become regional hub in South-Asian economy
DHAKA : The government is constructing a deep seaport at Matarbari of Cox’s Bazar to help the country handle growing volumes of exports and imports and ease the
Flexport is cutting 20% of employees, 4 months after Amazon boss Dave Clark took over the buzzy supp
CALIFORNIA : Flexport, a supply chain startup with an $8 billion valuation, told employees on Wednesday it is laying off 20% of staff as a result of the global downturn
Sea-Intelligence reports volume shrinking in North America West Coast
DENMARK : Sea-Intelligence noted in its latest report that when annualised against 2019, volume growth on the North America West Coast (NAWC) stagnated during the first two months
DNV fleet management system hit by cyber attack
NORWAY : DNV has confirmed that a recent shut down of its ShipManager IT software was caused by a ransomware attack on the service. The class society informed
PM Modi to inaugurate the newly constructed multi-modal terminal in Haldia on Friday
KOLKATA : Prime Minister Shri Narendra Modi will inaugurate the newly constructed multi-modal terminal in Haldia on 13 January, the Prime Minister’s Office said in a statement. “Developed
World’s biggest container ship skips India in blow to trade aims, due to inadequate port i
MUMBAI : Prime Minister Narendra Modi’s goal of making India the world’s factory risks being held back by the country’s inability to attract bigger container ships due to inadequate port
