As the highest throughput in its history, King Abdul Aziz Port in Dammam continued breaking records by handling 235,820 TEUs
DAMMAM : In February 2024, King Abdul Aziz Port in Dammam achieved a new record by handling 235,820 TEUs, an increase of 25.41% compared to the previous throughput of 166,956 TEUs in 2023. This
PSA International completes Inaugural Submission to CDP for 2023 Climate Change Assessment
SINGAPORE : PSA International has completed its inaugural disclosure submission to CDP for the 2023 climate change assessment and achieved an overall ‘B’ rating based on environmental information about PSA’s Ports and PORT+ businesses.
Indian Navy launches Third 25T Bollard Pull Tug ‘Bajrang’ at Shoft Shipyard, Bharuch
BHARUCH : Third 25T Bollard Pull (BP) Tug, Bajrang was launched by Cmde V Pravin, AWPS (Mbi) on 14 Mar 24 at M/s Shoft Shipyard Pvt Ltd, Bharuch, Gujarat. This Tug is a proud flag bearer of “Make
Houthi attacks in the Red Sea threaten internet infrastructure
YEMEN : A new threat emerged recently from the attacks by Iran-backed Houthis on shipping in the Red Sea that have caused delays to goods arriving in Europe from Asia. The United States said
Cabinet approves IGFA of India and UAE on cooperation for the empowerment and operation of the IMEEC
NEW DELHI : The Union Cabinet chaired by Prime Minister Shri Narendra Modi gave its Ex-post facto approval on Wednesday to the Inter-Governmental Framework Agreement (IGFA) that was signed on 13th February, 2024 during
India’s defence export to rise to Rs 40,000 crore in 2 years : Anurag Thakur
NEW DELHI : Union Minister Shri Anurag Thakur said that the government is resolute in increasing its own defensive capabilities. India has a defense production worth one lakh crore rupees today and a defence
NS Dock Kolkata set for Rs.8.09 bn expansion approval
KOLKATA : The government has given the green light to a 8.09 billion expansion project for Kolkata’s Netaji Subhash Dock to boost maritime infrastructure. The approval underscores a commitment to fostering economic growth and
Evaluation and financing is provided to IINO Kaiun Kaisha based on “Zero-Emission Accelerating Ship Finance”
TOKYO : Under Zero-Emission Accelerating Ship Finance (“the Program”), which is jointly operated by Development Bank of Japan Inc. (DBJ) and ClassNK, ClassNK evaluated the ammonia carrier “GAS INNOVATOR” (IMO No. 9958688), which was