Shanghai Port sets world record for annual throughput at 50 Million TEUs
SHANGHAI : A container draped in festive red and marked “The 50 Millionth TEU of Shanghai Port’s Container Throughput in 2024” was smoothly lifted from an automated guided
PSA Singapore hits record-breaking annual throughput of more than 40 Million Teus
SINGAPORE : PSA Singapore (PSA) reached a significant milestone, handling over 40 million Twenty-foot Equivalent Units (TEUs) in 2024. This new record surpasses PSA’s previous annual high of
New Bangladesh-Pakistan direct shipping route starts delivering results: DP World
KARACHI : More than 1,000 containers were shipped between Pakistan and Bangladesh since the launch of the ‘first direct shipping route’ between the two South Asian countries in
India unveils vision for groundbreaking Middle East-Europe Economic Corridor
NEW DELHI : India has outlined plans for its ambitious project IMEC (India-Middle East-Europe Economic Corridor) as it takes shape. The IMEC comprises two separate geographical corridors, said
AD Ports Group secures Refinancing and Upsizing of Revolving Credit Facility to USD 2.125 Billion
ABU DHABI : AD Ports Group, the leading facilitator of global trade, logistics and industry has successfully refinanced and upsized its existing Revolving Credit Facility (RCF) from USD
Turbulent seas ahead: The future of container shipping for 2025 and beyond
THE HAGUE : As we approach 2025, the global container and shipping industry stands at challenging crossroads. With geopolitical shifts, new alliances and market fluctuations shaping the path
Wilson Sons starts unloading wind turbine blades at Rio Grande Container Terminal
RIO DE JANEIRO : Wilson Sons started cabotage operations to unload wind turbine blades via Rio Grande Container Terminal (in Rio Grande do Sul). The first blade came
Port of Rotterdam adds connections to Container Exchange Route
ROTTERDAM : The Port of Rotterdam Authority will extend the Container Exchange Route (CER) next year to include Distripark Maasvlakte and the ECT Delta/Hutchison Port Delta II terminals
DP World kicks off maritime construction at new $1.2 billion Port in Senegal
SENEGAL The arrival of the dredger Willem Van Rubroeck in Ndayane this month marks the start of maritime works for the $1.2 billion Port of Ndayane, a project
CULines unveils new shipping service linking Sokhna and Aden Ports
CAIRO : CULines, the Chinese shipping line, has announced the launch of a new weekly maritime service connecting Ain Sokhna Port in Egypt with Aden Port in Yemen.