DAMMAM : King Abdulaziz Port in Saudi Arabia handled 18,553 TEUs on a single vessel, making it the highest throughput ever recorded across Saudi ports. The previous record of the port was 18,021 TEUs
CHITTAGONG : Prime Minister Sheikh Hasina on Sunday stressed the need for enhancing regional connectivity for boosting trade and commerce, offering India to use Chittagong and Sylhet Ports for mutual benefits. “India can use
MUMBAI : Back in India for the first time since the Covid pandemic, in Mumbai HAROPA PORT completes its visit to the country that started at the beginning of the week in Delhi. In
ABU DHABI : AD Ports Group, the leading facilitator of global trade, logistics, and industry, announced the signing of a concession agreement to develop and operate a multi-purpose port in Safaga in Egypt, in
SHANGHAI : Cosco Shipping Ports announced its investment of a 25% stake in a new container terminal at Egypt’s Ain Sokhna Port. The company has signed project agreement with partnering companies for a new
HONG KONG : Hutchison Ports is to invest $700m in Ain Sokhna Port, and a new container terminal in the Port of Alexandria in Egypt. The investment includes the development of a new container
RIYADH : The Saudi Ports Authority (Mawani) has announced the addition of King Abdulaziz Port to the IMX service run by a maritime consortium that includes Qatar-based shipping and logistics conglomerate Milaha, vessel operator
COLOMBO : China has expressed interest to build an oil refinery in Sri Lanka’s strategically located Hambantota district, in a move aimed at expanding its footprint in the Indian Ocean Region (IOR). China had earlier built
OAKLAND : At its meeting on 9 March, the Oakland Board of Port Commissioners approved an environmental ordinance. The Port legislation requires cargo-handling equipment (CHE) tenants to develop a strategy for converting CHE to
RIYADH : The Saudi Ports Authority (Mawani) has announced a 7.76% rise in container traffic at its trade hubs during February 2023, handling 622,837 TEUs compared to 577,993 TEUs in the previous year. Detailed