DUBAI : Dubai’s state-owned DP World signed agreements with China’s Ningbo-Zhoushan Port and Zhejiang Seaport on Friday, to cooperate on automobile industry chain services and logistics. Ningbo-Zhoushan said it will boost the deal as part of
DHAKA : A.P. Moller – Maersk (Maersk) on Monday announced the expansion of its warehousing footprint in Chattogram. Commissioned in cooperation with ISATL, Maersk has embarked on the second phase of its partnership with ISATL, which
SHANGHAI : Chinese shipbuilder COSCO Shipping Heavy Industry (Yangzhou) has started the construction of the second 700 TEU electric containership for COSCO Shipping. As informed, the construction ceremony took place on 8 May in
SEOUL : HMM reported a first quarter profit for 2023 of KRW285bn ($212m) a drop of 91% compared to the same period in 2022. Revenues for Q1 2023 were KRW2.08trn some 58% lower than the first
TAIWAN : Yang Ming reported first quarter revenues of US$1.22 billion and net profit of US$112 million with earnings per share (EPS) of NT$0.97. According to the Taiwanese ocean carrier, the demand in the
TEHRAN : Iran has detained a third tanker in the space of 19 days, as the confrontation over the control of maritime assets in the Persian Gulf heats up.“An Iranian oil tanker, which was
SINGAPORE : The Asian waters saw a 15% increase in piracy and sea robbery until April, in the first four months of this year, compared to the same period last year. According to Regional
GANDHIDHAM : Shri Sudhansh Pant, IAS, Secretary, Ministry of Ports, Shipping & Waterways, Government of India visited Operational Area of Deendayal Port Authority, Kandla on Saturday,13.05.2023. During his visit to DPA, the CISF DPA
KOCHI : The Ministry of Ports, Shipping and Waterways honoured the Cochin Port Authority (CPA) with the Sagar Shreshtha Sammaan for the best turnaround time in non-container category during 2022-23. Minister for Ports and Shipping Sarbananda Sonowal presented
KOLKATA : Syama Prasad Mookherjee Port, erstwhile known as Kolkata Port, successfully carried out lighterage activity on two capesize vessels simultaneously at Sagar Islands, marking a significant milestone for the port in augmenting its
