RIYADH : Saudi Arabia’s General Authority of Ports — also known as Mawani — on Sunday announced the addition of five new shipping services from Hapag-Lloyd and Maersk to Jeddah Islamic Port, King Abdulaziz
ZEEWOLDE (NETHERLANDS) : Econowind has surpassed 100 VentoFoil units sold, marking a major milestone in the shipping industry’s shift towards Wind-Assisted Ship Propulsion. The increasing adoption of the VentoFoil system reflects shipowners’ drive to
LONDON : The enthusiasm with which the Award has been received since its inception in 2016 is evidenced by the consistent number of inspiring entries each year. All deserve praise for the calibre of
SINGAPORE : Ocean Network Express (“ONE”) and LX Pantos are pleased to announce the successful completion of their joint venture, Boxlinks LLC (“Boxlinks”). This strategic partnership will leverage the combined strengths of ONE and
TUZLA : The world’s longest wind-powered cargo ship was launched Friday in Turkey, offering a promising way to slash carbon emissions from merchandise trade. The 136-meter (450-foot) Neoliner Origin was floated at the Turkish
DUBAI : The TMS Ship Finance and Trade Conference will be held on February 18th at the Taj Exotica Resort on the Palm, Dubai and several top-quality speakers have now been confirmed as the
LONDON : Navigating the future of sustainability in shipping through biofuels, ETS taxation and emissions certificates. In the last few years, heavy emitters have witnessed the development of decarbonisation solutions, with financial markets facilitating
LONDON : The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels transporting dry bulk commodities, edged higher on Monday, buoyed by gains in the panamax vessel segment. The index,
MUMBAI : Arkas Line has strengthened its international presence by extending its route to India. Following its recent growth across the Red Sea, the company is now adding India to its network. The firm
CAIRO : Suez Canal Authority Chairman Osama Rabie has told shipping giant AP Moller-Maersk there are signs of stability returning to the Red Sea, and urged the company to take that into account when