Panama Canal CEO says Trump’s plans would “Lead To Chaos”
CAIRO : Granting Donald Trump’s demand for US ships passing through the Panama Canal to get preferential treatment would “lead to chaos,” the head of the authority running
Castor Marine becomes part of the Navarino Group
DE MEERN ( NETHERLAND) : Castor Marine is excited to announce that Navarino has acquired 100% of the shares of Castor Marine B.V. This milestone marks an exciting
Baltic index rises for second day on gains in capesize vessel segment
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, rose for a second straight session on Friday, steered
Drewry: World Container Index up 2% this week
LONDON : Drewry’s World Container Index increased 2% to $3,986 per 40ft container this week. Drewry’s detailed assessment for Thursday, 09 January 2025
Industry flags high shipping fees despite no container shortage : Piyush Goyal
NEW DELHI : The Ministry of Commerce and Industry recently held inter-ministerial discussion with stakeholders from the shipping industry, customs, Concor, Railways, exporters, freight forwarders and other logistics
DP World hits 100 Million TEU capacity milestone
DUBAI : DP World has achieved a historic milestone, surpassing 100 million TEUs of container handling capacity across its global portfolio since inception. The achievement is a testament
Dry Bulk Industry pays Tribute to Outgoing INTERCARGO Chairman Dimitri Fafalios
LONDON : Leading figures across the dry bulk shipping sector have joined in paying tribute to Dimitri Fafalios, who concluded his chairmanship of the International Association of Dry
Damietta Container & Cargo Handling Company achieves record handling in 2024
EGYPT : Damietta Container & Cargo Handling Company has marked a significant milestone in its operations, reporting the handling of 1.7 million TEUs in 2024, showcasing its alignment
Maersk expands India-US Trade route with new Mundra Port call on MECL1 Service
COPENHAGEN : Maersk is seeking to capture a larger share of the India-US Trade market, which experts believe holds significant potential due to ongoing trade diversification in Asia.
Qatar Ports achieves remarkable growth, bolstering its Global Shipping and Logistics Stature
QATAR : Qatar Ports has marked 2024 with a series of impressive accomplishments, significantly strengthening its position in the global shipping and logistics sectors. Throughout the year, Qatar