China remains most important partner for German seaports in container traffic
BEIJING : China remained the “most important partner” for German seaports in container traffic in 2022, accounting for more than one-fifth of the country’s container throughput, the Federal Statistical Office (Destatis) said it recently.
Chabahar Port testomony to India-Iran partnership
NEW DELHI : Indian Minister of Ports, Transport, and Waterways, Shri Sarbananda Sonowal, has just lately said that India and Iran are in talks concerning the phrases of the first contract for the prolonged utilization of Chabahar Port.
Dubai’s Jafza records 30% growth in new customer registrations in 2022
DUBAI : Dubai’s Jebel Ali Free Zone (Jafza) recorded a 30 per cent growth in customer registrations in 2022, boosted by an influx of Chinese companies. Last year marked the highest number of new
AD Ports Group Enters the Uzbekistan Logistics Market via Joint Venture with SEG ENERA Group
ABU DHABI : AD Ports Group, a leading facilitator of global trade, logistics, and industry, and SEG ENERA Group, one of the largest multisectoral holding companies in Uzbekistan, announced the formation of a new joint
DP World plans to invest US$38 million to upgrade Port of Santos
DUBAI : DP World has unveiled plans to invest US$38 million in 2023 to expand and upgrade its facilities on the left bank of Brazil’s Port of Santos, one of the largest and most
DP World and Somaliland Government open Berbera Economic Zone
DUBAI : DP World and the Government of Somaliland have inaugurated the new Berbera Economic Zone (BEZ), which along with the Port of Berbera, is transforming the area into a major trade hub in
COSCO SHIPPING Ports buys stakes in two Xiamen firms
SHANGHAI : COSCO SHIPPING Ports confirmed the completion of the acquisition of 56% of the equity interest in Xiamen Haicang Free Trade Port Zone Company and 30% of the equity interest in Xiamen Ocean
Spot rates for Shanghai container exports fall on all routes
SHANGHAI : Freight rates for container exports from China continued to decline in the eight week of the year despite transportation capacity adjustments. According to the Shanghai Shipping Exchange, the Shanghai Containerized Freight Index (SCFI),