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 Jordan Logistics Association. Exported containers through
DP World Cochin handles more than 8 lakh TEUS in Kochi in 2024, post 17% growth
KOCHI : DP World, a leading global provider of smart end-to-end supply chain solutions, has registered a growth of 17% in 2024 compared to the previous year at its International Container Transshipment Terminal (ICTT)
Shipbuilders hopeful for Customs Duty exemption extension in upcoming Budget
NEW DELHI : Indian shipbuilders are facing uncertainty as the Customs Duty exemption on the import of raw materials, machinery, and equipment used in ship construction is set to expire on March 31.“The withdrawal
Cochin Port Trust invites bids for 1.5 MW Floating Solar Power Project
KOCHI : The Cochin Port Trust, operating under the Ministry of Ports, Shipping, and Waterways, has issued a tender for the development of a 1.5 MW grid-connected floating solar power project at Willingdon Island,
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 ceasefire agreement between Israel and Hamas,
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 the Mediterranean. This strategic partnership aims
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 has highlighted several areas high on
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 the 3.4m DWT delivered in 2024.