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October 31, 2023

Mawani boosts Maritime Links with addition of CMA CGM’s India Gulf Express Service to King Abdulaziz Port

International Shipping, Foreign Ports, Maritime, Shipping Line, Trade, Trending News
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
October 31, 2023

KEZAD commences AED 330m primary Infrastructure Development for Food and Auto-Hubs

International Shipping, Global Trade, Infrastructure, Logistics, Trade, Trending News
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
October 31, 2023

Höegh Autoliners sheds one car carrier and buys another

International Shipping, Shipping Line, Trending News
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
October 31, 2023

Dry Bulk Market – Capesizes on correction mode : Baltic Exchange

Break Bulk Cargo, International Shipping, Trending News
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
October 30, 2023

ONE launches New Indian Ocean Mediterranean Service

International Shipping, Logistics, Shipping Line, Trade, Trending News
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
October 30, 2023

MSC celebrates South African milestone

International Shipping, Shipping Line, Trade, Trending News
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
October 30, 2023

Jeddah Islamic Port wins the Advanced Port Infrastructure Award 2023

Foreign Ports, International Shipping, Ports, Trade, Trending News
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
October 30, 2023

Samskip initiates strategic expansion in Baltic Sea region launching new direct short-sea service between Finland, Latvia, the United Kingdom and the Netherlands

International Shipping, Logistics, Shipping Line, Trending News
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
October 28, 2023

COSCO SHIPPING Ports reports over 35 million TEUs and US$360 million revenue in third quarter

International Shipping, Shipping Line, Trade, Trending News
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
October 28, 2023

BIMCO: Containerships hit their highest average age to date

Container, International Shipping, Logistics, Shipping, Shipping Line, Trending News
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
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