SINGAPORE : PSA International (PSA) handled a record number of containers worldwide in 2024 despite escalating geopolitical tensions and greater maritime uncertainty. The Singapore port operator reported on
COPENHAGEN : Maersk and Hapag-Lloyd, stated on Thursday that they are not thinking of an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced. Both companies
LONDON : In response to a 70% decline in freight traffic through the Suez Canal, the head of the International Maritime Organization (IMO), Arsenio Dominguez, plans to visit
WASHINGTON D.C. : The shipping industry is taking proactive steps to implement improved safety measures for transporting charcoal, ahead of mandatory IMO regulations in 2026. In response to
SINGAPORE : According to DNV’s latest white paper “Biofuels in Shipping”, key biofuels like FAME and HVO have great potential for reducing greenhouse gas (GHG) emissions and supporting
JORDAN : Jordan’s Aqaba Container Terminal handled 427,000 imported containers in 2024, a slight decrease from the 445,000 containers recorded in 2023, according to data released by the
LONDON : Drewry’s World Container Index decreased 3% to $3,855 per 40ft container this week. Drewry’s detailed assessment for Thursday, 16 January 2025 Source : Drewry
RIYADH : The Saudi Ports Authority (Mawani) reported a 14.45% increase in cargo throughput for 2024, reaching 320,784,757 tons, up from 300,542,872 tons in 2023. The number of
LONDON : Most shipping companies and charterers will continue to route their tankers and cargoes via the longer Cape of Good Hope for the time being, despite the
ABU DHABI : Noatum Maritime, the Maritime & Shipping arm of AD Ports Group (ADPORTS), a leading facilitator of global trade, logistics, and industry, has strengthened its collaboration