Maritime sources expect Houthis to halt Red Sea attacks after Gaza deal
LONDON : Maritime security officials said, on Thursday, they were expecting Yemen’s Houthi rebels to announce a halt in attacks on ships in the Red Sea, after a
Bahri signs USD 800 million Murabaha Revolving Credit Facility Agreement with Al Rajhi Bank
RIYADH : Bahri, the National Shipping Company of Saudi Arabia and a global leader in shipping and logistics, has signed a Murabaha Revolving Credit Facility Agreement of USD
Höegh Autoliners secures work for its car carriers
OSLO : Just days after taking delivery of its fourth multi-fuel Aurora-class pure car and truck carrier (PCTC), Norwegian shipping company Höegh Autoliners has secured two long-term contracts
PSA International reports handling a record 100.2 million containers in 2024
SINGAPORE : PSA International (PSA) handled a record number of containers worldwide in 2024 despite escalating geopolitical tensions and greater maritime uncertainty. The Singapore port operator reported on
Maersk and Hapag-Lloyd dont see any immediate return to Red Sea
COPENHAGEN : Maersk and Hapag-Lloyd, stated on Thursday that they are not thinking of an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced. Both companies
UN Maritime Chief to visit Egypt amid significant decline in Suez Canal traffic
LONDON : In response to a 70% decline in freight traffic through the Suez Canal, the head of the International Maritime Organization (IMO), Arsenio Dominguez, plans to visit
World Shipping Council: Shipping Carriers move to prevent Deadly Charcoal Fires
WASHINGTON D.C. : The shipping industry is taking proactive steps to implement improved safety measures for transporting charcoal, ahead of mandatory IMO regulations in 2026. In response to
Biofuel can deliver significant GHG emissions reductions but future uptake could be hampered by supp
SINGAPORE : According to DNV’s latest white paper “Biofuels in Shipping”, key biofuels like FAME and HVO have great potential for reducing greenhouse gas (GHG) emissions and supporting
Jordan handles 427,000 containers through Aqaba Terminal in 2024
JORDAN : Jordan’s Aqaba Container Terminal handled 427,000 imported containers in 2024, a slight decrease from the 445,000 containers recorded in 2023, according to data released by the
Drewry: World Container Index down 3% this week
LONDON : Drewry’s World Container Index decreased 3% to $3,855 per 40ft container this week. Drewry’s detailed assessment for Thursday, 16 January 2025 Source : Drewry
