COLOMBO : The Sri Lanka Ports Authority (SLPA) has reported a record 48 per cent year-on-year (YoY) rise in container volumes in the first quarter (Q1 2024). The total grew from 441,032 to 652,766
RIYADH : Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with NEOM. Under the terms of the agreement, the two parties will collaborate to develop legislation, regulations and technology in
SUFFOLK : The world’s joint-largest cargo ship has docked at Britain’s biggest and busiest container port, MSC Loreto arrived at the Port of Felixstowe here, from Le Havre in France on 30 April. Measuring 1,300ft,
ROTTERDAM : Green Award Foundation proudly announces that the Chemical Challenger, a chemical tanker operated by Chemship, has become the first vessel to receive the prestigious Green Award GHG Label for CO2 reduction through
COPENHAGEN : A.P. Moller – Maersk (Maersk) delivered a first quarter in line with expectations showing a strong recovery in earnings compared to the fourth quarter of 2023. Results were driven by a good
MARSEILLE : French Ocean Carrier CMA CGM has notified its customers of a forthcoming Peak Season Surcharge (PSS) effective from 15 May until further notice. The surcharge will be applicable for shipments originating from
DUBAI : As global supply chains face disruptions due to the ongoing challenges in the Red Sea, DP World has introduced a new solution to address critical raw material shortages affecting Turkish importers across
PANAMA : DP World’s Unifeeder Group has opened an office in Panama its first in the Latin American region. The move to open an office in Panama City comes as the shortsea shipping company
JEDDAH : In a transformative push for global maritime logistics, the International Port & Marine Development Conference, set for May 6-7, 2024, at the Jeddah Hilton Hotel, emerges as a pivotal arena for ground-breaking
LONDON : The composite index increased 1% to $2,725 per 40ft container this week and has increased by 55% when compared with the same week last year. The latest Drewry WCI composite index of