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Goldman Sachs warns Strait of Hormuz traffic may recover to only 70% after war

BANDAR ABBAS : Oil flows going through the Strait of Hormuz may recover to only about 70 per cent of their pre-war level, according...

Europe’s largest Quay Cranes arrive at DP World Southampton

SOUTHAMPTON: DP World has welcomed two of Europe’s largest quay cranes to Southampton in its latest investment to ensure this major container terminal can...

From Klaipėda port to the world: First green hydrogen-powered waste collection vessel begins operations

KLAIPEDA: A new chapter in the history of green shipping has begun in the Port of Klaipėda with the official naming ceremony of Rasa – first...

Samskip receives Approval for the Transfer of its Door-to-Door and Quay-to-Quay Services connecting Rotterdam with the UK and Ireland

ROTTERDAM: Samskip on Friday announces that it has received the required regulatory approvals for the previously announced transfer of its transport services between Rotterdam...

PM meets US President Trump on the sidelines of the G7 Summit in Evian

EVIAN: Prime Minister Shri Narendra Modi met the President of the United States of America, H.E. Mr. Donald J. Trump, on the margins of...

PM Modi discusses maritime connectivity and collaboration opportunities with CMA CGM Chairman and CEO Rodolphe Saadé

PARIS: The Prime Minister, Shri Narendra Modi, had a fruitful discussion with Mr. Rodolphe Saadé Chairman & CEO of CMA CGM on maritime connectivity,...

US lifts maritime blockade on Iranian ports after signing MoU, says CENTCOM

WASHINGTON DC: The US Central Command (CENTCOM) on Thursday (local time) announced that the United States has lifted its maritime blockade on all traffic...

DP World expands Low Carbon Truck Programme with New Electric HGV Trial

LONDON: DP World is expanding its pioneering Low Carbon Truck Programme (LCTP) in the UK with a new initiative that offers its members the...

GEODIS expands partnership with Lagardère Travel Retail by supporting two new international airports

PARIS: GEODIS, a leading global logistics provider, is expanding its partnership with Lagardère Travel Retail by taking over the logistics operations for new stores located...

The Caravel Group’s 5th Annual ESG Report outlines Strategic Resilience in Global Shipping

HONG KONG: The Caravel Group, a diversified global conglomerate with core businesses in maritime services, commodity trading and investment management, today released its fifth...
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