Global Ports reports severe container decline in 2022
Global Ports Investments PLC announced its operational results for the fourth quarter of 2022 and the full year of 2022. In the previous year, the Group’s Consolidated Marine
AD Ports Group signs strategic agreements with KazMunayGas and Kazakhstan’s Ministry of Industry &
ABU DHABI : In the presence of the UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and the President of the Republic of Kazakhstan Kassym-Jomart Tokayev, AD
Through its subsidiary Sealogis, GEODIS becomes shipping agent for France for the shipping company Z
LEVALLOIS-PERRET : GEODIS has signed a partnership agreement with Zéphyr & Borée, a French start-up pioneer in low-carbon maritime transport specializing in the design of sail-powered cargo ships.
More than 50 sailings from Asia to Europe blanked in first seven weeks
The three vessel-sharing alliances have cancelled a colossal 53 Asia-Europe westbound sailings in the first seven weeks of this year. According to an Alphaliner analysis, this represents 27%
New UAE rule: Attestation mandatory for import invoices worth Dh10,000 above; violators to face fine
Companies in UAE will soon be subject to a new compliance requirement as they would be required to attest import invoices with a value of Dh10,000 and above
WISTA : Giving voice to women in shipping
GENEVA : Liana Kouimtzi is part of a team of four female shipping professionals behind the establishment of the UAE branch of the Women’s International Shipping & Trading
First G-20 Infrastructure Working Group (IWG) meeting in Pune concludes
PUNE : The first G20 Infrastructure Working Group meeting under G20 India Presidency concluded on 17th January 2023 in Pune. The meeting was attended by 64 delegates from18 member
Adani to deploy 400 BYD Electric Trucks at 4 Indian ports
AHMEDABAD : Chinese manufacturer BYD has kicked off the delivery of a batch of 304 electric trucks to India’s Adani Group. The BYD Q1R electric trucks are now
DP World forecasts further freight rate fall as demand slows
DAVOS (SWITZERLAND) : DP World expects freight rates to drop by a further 15% to 20% in 2023, with the worst still to come as demand slows, the
Container market set to be “drastically different” in 2023 : Lars Jensen
LONDON : The Baltic Exchange, in collaboration with Freightos, and Vespucci Maritime, have released their container shipping report for January. Their opinion is that in 2023, container market