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 Revenue 65.8 50.6 30.2% 185.8 161.4
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. According to Peter Sundara, global head
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 Sittwe Port is nearing completion. The
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 in the workplace. The PRIDE Index
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 Fund” (IMRF). The Deputy Executive Director
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 at COP26 and its founding members
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 group’s main tour from the start
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 during the next year. In particular,