RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of the India Gulf Express freight service, operated by the French container carrier CMA CGM, to King Abdulaziz Port. This strategic move aims
ABU DHABI : Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones in the UAE, announced that infrastructure work at a cost of approximately AED 330
NORWAY : Norwegian car carrier player Höegh Autoliners has reached an agreement for the sale of one and the acquisition of another vessel. Höegh said on Monday that it sold its Höegh Bangkok vessel to an
LONDON : The week in the capesize market concluded with a continued trend of declining rates. In the Pacific region, despite the addition of a second major player later in the week, trading remained
SINGAPORE : Ocean Network Express (ONE) announces the new Indian Ocean Mediterranean service (IOM). This new service connects India, Pakistan and the Middle East with the Mediterranean region and will provide customers with an
GENEVA : In a heartfelt ceremony for clients and colleagues hosted by Mediterranean Shipping Company, the first social gathering of its kind since the Covid-19 outbreak almost four years ago, the world’s leading line
RIYADH : The Saudi Ports Authority “Mawani”, represented by the Jeddah Islamic Port, has won the Advanced Port Infrastructure Award at the Landmarks in Logistics Awards 2023, held in the United Arab Emirates. This
ROTTERDAM : Early next month, Samskip will celebrate the maiden voyage of the Samskip owned and operated weekly service connecting Rotterdam, Helsinki, Riga and Hull. This new service is a direct reflection of Samskip’s
SHANGHAI : COSCO SHIPPING Ports’ total throughput increased by 4.1% year-on-year to 35.6 million TEUs in the third quarter of 2023, while, the equity throughput increased by 2.7% year-on-year to 11.4 million TEUs. Moreover, the
COPENHAGEN : Containerships have now reached their highest average age to date, standing at 14.2 years. This places them as the oldest vessels among the three major shipping sectors. In contrast, dry bulk vessels