Dubai: The Dubai Government owned DP World is adding more to its Africa interests, having made an open offer to acquire all outstanding shares in the South African company Imperial Logistics. Deal would land
COCHIN : Opening up many investment opportunities after the second wave of Covid, the Cochin Port has floated e-tenders for its plots in Kochi, including Willingdon, Puthuvypeen, and Vallarpadam, to be leased for 30
HAMBURG : Deal approved by worldwide antitrust authorities and completed between the parties // Acquisition supports Hapag-Lloyd’s strategy to grow in Africa Hapag-Lloyd successfully closed the acquisition of the Dutch container shipping company Nile
COPENHAGEN : Maersk has announced it will not accept any Iranian-owned containers on its vessels from now on, applying potential fines and penalties in such cases. “Potential fines and penalties apply to all parties,
DUBAI : Firefighting boats on Thursday poured cascades of water on a container ship that had erupted in a fiery explosion at Dubai’s main port the previous night, rocking the commercial hub of the
International Federation of Freight Forwarders Associations (FIATA) and the International Union of Railways (UIC) signed a Memorandum of Understanding (MoU) today (8 July) in order to enhance their longstanding partnership. Geneva-based FIATA represents the
The 8,110TEU container ship, MOL Charisma ran aground sailing from the Cai Mep Port in Vung Tau, Vietnam to the Port of Singapore according to the vessel operator, Ocean Network Express (ONE). It has
Hyperloop Transportation Technologies (HyperloopTT) revealed HyperPort, a sustainable high-speed cargo and freight solution capable of increasing capacity and efficiency while decreasing pollution and congestion at ports worldwide. Developed in partnership with terminal operator Hamburger
Korea Shipping Association, which represents South Korean ship owners plying coastal and short-sea routes, has joined the Korea Shipowners’ Association (KSA) in protesting the hefty fines the Korea Fair Trade Commission (KFTC) imposed on 12 local
A near doubling of newbuilding orders for Chinese shipbuilders in the first five months underscores the sharp upturn in fortunes seen for the sector this year China’s newbuilding order volume was 32.74m dwt for
