Port of Salalah announces $300 million container handling expansion
OMAN : The Port of Salalah has announced that it’s $300 million expansion plan is on track, aiming to expand annual container handling capacity from 5 million to
Saudi Red Sea Authority & ECZA Sign a Cooperation Agreement
RIYADH : Saudi Red Sea Authority (SRSA) signed a cooperation agreement with the Economic Cities and Special Zones Authority (ECZA), to cooperate, integrate, and coordinate in facilitating procedures
Berg secures Louis Dreyfus Armateurs propulsion package for wind-assisted Airbus ro-ro vessels
SHANGHAI : BERG Propulsion has won a contract covering the hybrid propulsion solution that ensure three wind-assisted Louis Dreyfus Armateurs (LDA) ro-ro vessels will maximize efficiency regardless of
Qupital Welcomes HSBC and Citi as Senior Investors of Securitization Facility
HONG KONG : Qupital, Asia’s leading data-driven fintech platform specializing in supply chain financing solutions for e-commerce businesses, is pleased to announce the successful refinancing of its securitization
Hapag-Lloyd sees prolonged Red Sea re-routings regardless of ceasefire
HAMBURG : Hapag-Lloyd told Reuters that the German shipping company does not expect the Suez Canal to be open again anytime soon, despite a recent ceasefire between Hamas
MSC begins new Asia services
GENEVA : MSC announced the launch of its new service, Britannia, which will enhance port connections via a unique corridor from China and Vietnam to Liverpool, UK. This
Hapag-Lloyd launches new service linking Türkiye to the Red Sea
HAMBURG : Hapag-Lloyd has announced a new service connecting Western Türkiye with the Red Sea, which is expected to start in mid-June. From 15 June 2024, the German
CMA CGM launches the French Peak Service : An exceptional seasonal shipping line to meet high demand
MARSEILLE : CMA CGM Group announces the launch of the FRENCH PEAK SERVICE, an exceptional seasonal service to meet the sudden increase in maritime transport demand between Asia,
APM Terminals Elizabeth advances $5M Electrification Pilot Project with $1.4M EPA Grant
NEW JERSEY : APM Terminals Elizabeth is proud to announce significant progress in its $5 million investment for its Electrification Pilot Project, made possible through a generous $1.4
COSCO Shipping launches Mexico Express Service (WSA5)
SHANGHAI : COSCO SHIPPING has launched the Mexico Express Service (WSA5)! Offering 3,000-5,000 TEU slots per voyage, this service connects key Mexican Pacific ports like Ensenada, Manzanillo, and