Agility Reports KD 926.9 Million Net Profit for the Third Quarter 2021
3 2021 (Million KD) Q3 2020 (Million KD) Variance (%) 9 months 2021 (Million KD) 9 months 2020 (Million KD) Variance (%) Revenue 124.5 97.5 27.7% 344.7 292.4 17.9% Net
Port congestion cascades into intra-Asia services, disrupting container traffic
SINGAPORE : The global cascading effect of port congestion is playing havoc with intra-Asia trade lanes, with large amounts of cargo stuck at transhipment hubs in the south-east.
India-Myanmar road project nearing completion, says Mizoram Governor
NEW DELHI : Mizoram Governor Hari Babu Kambhampati has said construction of the 87-km stretch of a cross border road between the state’s Lawngtlai town and neighbouring Myanmar’s
NYK Receives Bronze in PRIDE Index for LGBTQ Initiatives
TOKYO : NYK has been recognized for the first time with a bronze rating in the 2021 PRIDE Index,* a recognition based on an evaluation of LGBTQ initiatives
ICS, IMO, Green Climate Fund discuss provision of $1.5 million to fast track R&D
The International Maritime Organization (IMO) and the International Chamber of Shipping (ICS) have met with the Green Climate Fund (GCF) to discuss funding options for the proposed “IMO Maritime Research
Industry, unions, UN taskforce to support seafarers in green transition
The shipping industry, unions and the UN are forming a task force to drive decarbonisation and support seafarers through the transition The Just Transition Maritime Task Force announced
European Tour to become the DP World Tour from 2022
DUBAI : The European Tour group and DP World jointly announced a ground-breaking evolution to their long-term partnership, with DP World becoming the new title sponsor of the
Suez Canal Authority to increase transit tolls by 6%
EGYPT : Suez Canal Authority (SCA) has published new resolutions concerning the fees of the transiting ships through the canal and new marketing strategies that will be applied
A comprehensive sustainability package is more important than ever
At Multimodal, the UK’s premier logistics event, we were honoured to speak with Maersk Group about carbon neutral vessels and green methanol, and with Freightliner Group about longer freight trains to see how
Bahri receives first ‘Gas Ready’ VLCC ‘Rayah’ built by IMI and HHI
Successful completion of International Maritime Industries’ first Very Large Crude Carrier construction project expands Bahri’s growing VLCC fleet to 42 The VLCC was inducted into Bahri’s fleet during