New maritime route to increase trade competitiveness of Jordan, Egypt
CAIRO : The newly announced shipping route, dubbed the Arab Line for Maritime Transport, that links Egypt, Jordan, and Iraq, and launched recently by the Arab Bridge Maritime
ONE Line announces Indian Ocean Mediterranean (IOM) Service
SINGAPORE : Ocean Network Express (ONE) introduces the Indian Ocean Mediterranean Service (IOM), connecting key regions such as India, Pakistan, and the Middle East with the vibrant Mediterranean
26 shipping lines sign up in Container Deposit Refund System
PHILIPPINES : Twenty-six shipping lines are now signed up with Container Ledger Account (CLA), an online system that aims to simplify and speed up container deposit refund. New
CMA CGM announces new FAK rates from Asia to Med and North Europe
MARSEILLE : The French carrier, CMA CGM implemented new Freight All Kinds (FAK) rates as follows from 15 January 2024 (date of loading in the origin ports) until further
OOCL expands fleet with introduction of 24,000 TEU mega vessel
SINGAPORE : Orient Overseas Container Line (OOCL) announced the addition of a new 24,000 TEU mega vessel to its fleet. The newest member of OOCL’s fleet was named OOCL
AD Ports Group and Red Sea Port Authority Initial 15-Year Concession Agreement to Boost Cruise Touri
CAIRO : AD Ports Group, a leading facilitator of global trade, logistics, and industry today initialled a 15-year concession agreement with the Red Sea Port Authority (RSPA), to
Saudi Red Sea Authority initiates on ground inspections ahead of License Issuance
RIYADH : Saudi Red Sea Authority (SRSA), the key enabler and regulator of coastal tourism activities in Saudi’s Red Sea, has begun on ground inspections as a prerequisite
ONE Line to announce a new West India Service to call Savannah from May 2024
SINGAPORE : Ocean Network Express will launch a new containership service between Port of Savannah and West India in May 2024. The new offering will give the Georgia
US invites India to join naval coalition in Red Sea
NEW DELHI : The US has invited India to join the multi-national naval coalition, Operation Prosperity Guardian, to counter threats posed by Yemen’s Houthi militants in the Red
US and Allies issue ‘Final Warning’ to The Houthis over Red Sea Attacks
WASHINGTON : A strong warning has been issued to the Houthi rebels in Yemen by the United States and twelve of its allies, including Australia, Belgium, Bahrain, Canada,