Sittwe Port as a Maritime Hub is done & the completion of Kaladan Project will improve regional trade
NEW DELHI : As the cargo vessel MV-ITT Lion sailed into Sittwe Port in Myanmar on May 9, having left Kolkata five days earlier, it marked an important milestone for India in its long-drawn
APM Terminals reveals $1 Billion investment in Brazil
SANTOS : Maersk’s container terminal operating arm APM Terminals has announced a $1 billion investment in its Brazilian terminals by 2026. The commitment was made by APM Terminals’ CEO Keith Svendsen during a Dutch
April container volumes swell 13.34% at Saudi Ports
RIYADH : Container throughput during April 2023 grew at an annual rate of 13.34% from 601,429 TEUs to 681,663 TEUs as per monthly statistics released by the Saudi Ports Authority (Mawani). Container data for
AD Ports Q1 net rises 18pc to $99m; revenue soars 73%
ABU DHABI : AD Ports Group has announced a strong set of first-quarter results with net profit rising 18% to AED363 million ($99 million) and revenue soaring 73% to AED1.82 billion, driven by the
DP World inks agreements with China’s Ningbo-Zhoushan Port and Zhejiang Seaport
DUBAI : Dubai’s state-owned DP World signed agreements with China’s Ningbo-Zhoushan Port and Zhejiang Seaport on Friday, to cooperate on automobile industry chain services and logistics. Ningbo-Zhoushan said it will boost the deal as part of
PSA Sines welcomes largest Container Vessel in Portuguese history on its maiden voyage
SINES : The Liberian container vessel MSC TESSA set a milestone record by calling at the Port of Sines in Portugal on 14 April 2023, during its maiden voyage. The third largest vessel in
Shipping starts on the Chittagong-Dubai route
DHAKA : Shipping has recently started in the Chittagong-Dubai route even as part of its debut journey, a ship carrying 121 export containers from Bangladesh left Chittagong Port recently to Jebel Ali port in
First fully electric straddle carrier starts operations at Port of Antwerp
ANTWERP : MSC PSA European Terminal (MPET) launched a new fully electric straddle carrier (e-straddle carrier) at its terminal in the Port of Antwerp. That was part of the joint Green Straddle Carrier Program