Mawani records positive growth of 14.45% in cargo throughput for 2024
RIYADH : The Saudi Ports Authority (Mawani) reported a 14.45% increase in cargo throughput for 2024, reaching 320,784,757 tons, up from 300,542,872 tons in 2023. The number of
Shipping risks via Red Sea remain elevated despite Israel-Hamas ceasefire
LONDON : Most shipping companies and charterers will continue to route their tankers and cargoes via the longer Cape of Good Hope for the time being, despite the
AD Ports Group expands cooperation with Kazakh Partners
ABU DHABI : Noatum Maritime, the Maritime & Shipping arm of AD Ports Group (ADPORTS), a leading facilitator of global trade, logistics, and industry, has strengthened its collaboration
Kuwait Ports Authority gears up for transition to smart ports
KUWAIT : Sheikh Khaled Salem Abdulaziz Al-Sabah, Director General of Kuwait Ports Authority, has reiterated the Authority’s commitment to embracing the era of smart ports, aligning with a
ADC joins MED Ports Association to boost Regional Maritime Collaboration
AQABA : The Aqaba Development Corporation (ADC), the primary landlord of Aqaba’s seaports, has joined the MED Ports Association, a prestigious network of 31 leading port stakeholders across
Dark fleet, decarbonization and geopolitical pressures remain top maritime focus areas in 2025 : IMO
LONDON : Range of pressing issues to be addressed this year by the world’s shipping regulator. Speaking at a news conference on 14 January 2025, Secretary-General Arsenio Dominguez
Product Tanker deliveries seen jumping 256% to 16-year high : BIMCO
LONDON : “According to current delivery schedules, product tanker newbuild deliveries are set to reach 12m deadweight tonnes (DWT) in 2025. Deliveries will therefore jump 256% compared to
Baltic Index down for third straight session on lower capesize, supramax rates
LONDON : The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell for a third consecutive session on Thursday, hurt
MSC sets Walvis Bay as transshipment hub
GENEVA : Mediterranean Shipping Company (MSC) has announced an update to its North West Continent (NWC) to South Africa service and the launch of two additional services, solidifying
OOCL names its 3rd 16,828 TEU Container Vessel, OOCL Sunflower
SINGAPORE : Orient Overseas Container Line Ltd. (“OOCL”) celebrated the naming of its third brand new 16,828 TEU container vessel “OOCL Sunflower” at Dalian COSCO KHI Ship Engineering
