RIYADH : The National Shipping Company of Saudi Arabia (Bahri), the kingdom’s leading shipping and logistics provider, announced its financial results for the third quarter and the first nine months of 2024, reporting strong
TOKYO : Japan is planning to build an Automated Cargo Transport Corridor between Tokyo and Osaka, dubbed a “conveyor belt road” by the government, to make up for a shortage of truck drivers. The
SHANGHAI : Shanghai, an east China business hub, is gearing up to build itself into a digital, intelligent and green international shipping center. Currently, quality shipping-related resources are clustering at a faster pace in
CAIRO : Egyptian Foreign Minister Badr Abdel Aati announced that Houthi attacks on commercial vessels transiting through the Bab al-Mandeb Strait and the southern Red Sea have inflicted severe economic losses on Egypt. In
MUMBAI : Defence Minister Shri Rajnath Singh on Tuesday (October 29, 2024) virtually flagged-off the Sagarmala Parikrama, a 1,500-km-long passage by an autonomous surface vessel, manufactured by Sagar Defence Engineering, from Mumbai to Tuticorin.
LONDON : Lloyd’s Register (LR) has awarded the maritime industry’s first Enhanced Antifouling Type Approval to GIT Coatings. The development of this new type of approval sets a new standard for antifouling coatings to address
RIYADH : Folk Maritime Services Company, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), recently launched a new regional shipping route, “India-Arabian Gulf Service.” The shipping route connecting key GCC ports, including Dammam and Umm Qasr,
PARIS : The European Space Agency (ESA) has initiated a new flagship project, Decarbonization through the Digitalization in Shipping (DECARDIS), together with optimization platform company Awake.AI, technology leader ABB and shipping company Wallenius Marine.
SHANGHAI : Shanghai-based Hudong-Zhonghua Shipbuilding Co, a subsidiary of China State Shipbuilding Corp, signed yuan-based contracts to build 12 large container ships within the past 10 days. On Monday, the shipyard announced that it
KOLKATA/KOCHI : In recognition of its capability to build highly-specialised vessels, Garden Reach Shipbuilders and Engineers (GRSE) Ltd signed a contract with the Naval Physical and Oceanographic Laboratory (NPOL) on Tuesday, October 29, 2024,