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January 20, 2025

Bahri signs USD 800 million Murabaha Revolving Credit Facility Agreement with Al Rajhi Bank

International Shipping, Logistics
RIYADH : Bahri, the National Shipping Company of Saudi Arabia and a global leader in shipping and logistics, has signed a Murabaha Revolving Credit Facility Agreement of USD 800 Million (equivalent to SAR 3
January 20, 2025

Höegh Autoliners secures work for its car carriers

International Shipping, Logistics, Transport, Trending News
OSLO : Just days after taking delivery of its fourth multi-fuel Aurora-class pure car and truck carrier (PCTC), Norwegian shipping company Höegh Autoliners has secured two long-term contracts with two undisclosed ‘major international car
January 18, 2025

PSA International reports handling a record 100.2 million containers in 2024

International Shipping, Foreign Ports, Terminal, Trending News
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 Jan 16 that it handled 100.2
January 18, 2025

Maersk and Hapag-Lloyd dont see any immediate return to Red Sea

International Shipping, Maritime, Shipping Line, Trending News
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 said they would be closely monitoring
January 18, 2025

UN Maritime Chief to visit Egypt amid significant decline in Suez Canal traffic

International Shipping, Maritime
 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 Egypt. This decision comes as part
January 18, 2025

World Shipping Council: Shipping Carriers move to prevent Deadly Charcoal Fires

International Shipping, Maritime, Shipping Line, Trade, Trending News
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 a series of devastating fires caused
January 18, 2025

Biofuel can deliver significant GHG emissions reductions but future uptake could be hampered by supply, says DNV

Fuel, International Shipping, Maritime, Shipping, Trade, Trending News
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 compliance with maritime regulations, but their
January 18, 2025

Jordan handles 427,000 containers through Aqaba Terminal in 2024

Logistics, International Shipping, Terminals, Trending News
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 Jordan Logistics Association. Exported containers through
January 18, 2025

Drewry: World Container Index down 3% this week

Container, International Shipping, Shipping Line, Trade, Trending News
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
January 17, 2025

Mawani records positive growth of 14.45% in cargo throughput for 2024

Logistics, Foreign Ports, International Shipping, Trending News
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 outbound containers increased by 8.86%, totaling
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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

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