Milaha announces a 2% growth in its net profit for 2023, reaching QR 1.03 billion
DOHA : Qatar Navigation Q.P.S.C. (“Milaha”) announced its financial results for the year ended December 31, 2023. Key financial highlights : Milaha Maritime & Logistics’ net profit decreased by QR 330 million compared to the
Cushman & Wakefield chosen to prepare a Master Plan for Development of International Port City
GANDHINAGAR : Cushman & Wakefield, a renowned global real estate consultancy, has been appointed to develop the master plan for a port city project in Gujarat. Inspired by leading port cities such as Rotterdam,
Houthis claim new attacks on Red Sea Shipping headed to India
YEMEN : The Houthi Movement in Yemen says it has fired missiles at two ships in the Red Sea, apparently undeterred by US and UK strikes on the group. The group’s leader Abdul Malik
Seven ships carrying fertilisers rerouted from Red Sea so far : Government
NEW DELHI : Indian Government on Tuesday said that seven ships carrying fertilisers have been rerouted from the Red Sea so far due to disturbances. In a written reply to the Rajya Sabha, Minister
ERMA FIRST joins charter for EU Mission ‘ Restore Our ocean and Waters by 2030’
GREECE : ERMA FIRST, a leading sustainable maritime solutions provider, has become a signatory of the EU Mission Charter targeting the protection and restoration of regional waters by 2030. The Mission – one of
ClassNK awards approval in principle (AiP) for ammonia fuel tank (IMO Type B independent tank) for container ships developed by GSC
TOKYO : ClassNK has awarded an approval in principle (AiP) for the design of a prismatic ammonia fuel tank (IMO Type B independent tank) for container Ships developed by Planning and Design Center for
DNV study validates energy efficiency gains for LNG carriers enabled by ABB and MAN DFE+ propulsion solution
ZURICH : DNV has quantified the gains that owners of liquefied natural gas (LNG) carriers could expect to achieve using the new Dual Fuel, Electric+ (DFE+) solution developed by ABB and MAN Energy Solutions.
WSC, BIMCO and ICS issue joint statement on joint international statement on Red Sea attacks
LONDON : The World Shipping Council, the International Chamber of Shipping and BIMCO expressed their thanks to the 12 nations that have jointly condemned the ongoing illegal attacks on ships in the Red Sea